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Suppose Revenues are $545,288 Cost of Goods sold, representing the cost of products sold, is made up of $56,087 of fixed costs and $82,585 of
Suppose Revenues are $545,288
Cost of Goods sold, representing the cost of products sold, is made up of $56,087 of fixed costs and $82,585 of variable costs.
Period expenses (sales, marketing and administrative expenses) are made up of $30000 of variable costs and $50000 in fixed costs.
Prepare a contribution margin income statement. What is Total Contribution Margin that would appear on the statement?
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