Selling price per unit is $ 66

Variable manufacturing costs per unit manufactured(includes direct materials[DM], direct labor[DL], and variableMOH) $ 33

Variable operating expenses per unit sold $ 3

Fixed manufacturing overhead(MOH) in total for the year $ 128,000

Fixed operating expenses in total for the year $ 88,000

units manufactured and sold for the year 8,000

O'Hara's Products

Contribution Margin Income Statement (Variable Costing)

For the Year Ended December 31

Sales revenue

Less:

Variable expenses

Cost of goods sold

Operating expenses

Contribution margin

Less:

Fixed expenses

Fixed manufacturing overhead

Fixed operating expenses

Operating income

Sales revenue

Less:

Cost of goods sold

Gross profit

Less:

Operating expenses

Cost of goods sold