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Using the following income statements, prepare a contribution margin income statement for March. (Round per unit answers to 2 decimal places, e.g. 52.75.) Total Sales
Using the following income statements, prepare a contribution margin income statement for March. (Round per unit answers to 2 decimal places, e.g. 52.75.) Total Sales Variable expenses Cost of goods sold Advertising Wages Total variable expenses Contribution margin Fixed expenses Insurance $ 37500 15000 1650 1200 Per unit $12.5 .55 585 eTextbook and Media Attempts: 1 of 3 us Blake plans to sell 1,500 stuffed mascots next month. How much operating income can Blake expect to earn next month if he realizes his planned sales? (Round per unit to 2 decimal places and final answer to 0 decimal places, e.g. 5,275.) Operating income \$ eTextbook and Media Attempts: 2 of 3 used (d) Blake wasn't happy with the projected income statement you showed him for a sales level of 1,500 stuffed mascots. He wants to know how many stuffed mascots he will need to sell to earn $5,555 in operating income. (Round per unit to 2 decimal places and final answer to 0 decimal places, e.g. 5,275.) mascots As a safety net, he also wants to know how many stuffed mascots he will need to sell to break even. (Round per unit to 2 decimal places and final answer to 0 decimal places, e.g. 5,275.) mascots
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