Too Sweet Donuts Contribution Margin Income Statement Month Ended August 31, 2016 Sales Revenue $ 127,000 Variable Costs Cost of Goods Sold Selling Costs Administrative Costs $ 32,500 17,400 7,250 57,150 Contribution Margin 69,850 Fixed Costs 28,463 9,487 Selling Costs Administrative Costs 37,950 $ 31,900 Operating Income