US GAAP Income Statement VS CM Income Statement Sales 1,500,000 COGS - Direct Materials 300,000 COGS - Direct Labor 350,000 COGS - Variable MOH 25,000 COGS - Fixed MOH 50,000 Sales Commissions 30,000 Sales Salaries 10,000 Variable Administration 5,000 Depreciation on Corporate HQ 15,000 CEO Salary 200,000 US GAAP Income Statement CM Income Statement