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The Blossom Company sells sports decals that can be personalized with a player's name, team name, and jersey number for $25 each. Blossom buys the
The Blossom Company sells sports decals that can be personalized with a player's name, team name, and jersey number for $25 each. Blossom buys the decals from a supplier for $8 each and spends an additional $2 in variable operating costs per decal. The results of last month's operations are as follows: $ Sales revenue Cost of goods sold Gross profit Operating expense Operating income 12,000 3,016 8,984 2,686 6,298 $ Prepare a contribution format income statement for the Blossom Company. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, 5,725.) Per Unit Sales Revenue $ 12000 $ 25 Variable Expenses Cost of Goods Sold $ 3016 8 i Operating Expenses 2 Total Variable Expenses 10 i Contribution Margin $ 15 Ciscodonoratina Enoncen Question 13 of 15 0.8/1 UJUI buvus sur UVI Gross profit Operating expense Operating income 8,984 2,686 6,298 $ Prepare a contribution format income statement for the Blossom Company. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, 5,725.) Per Unit Sales Revenue $ 12000 $ 25 Variable Expenses Cost of Goods Sold $ 3016 i 8 Operating Expenses 2 Total Variable Expenses 10 Contribution Margin $ 15 Fixed Operating Expenses Operating Income $ 6298
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