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Valet Seating Company is currently selling 2,500 oversized bean bag chairs a month at a price of $80 per chair. The vanable cost of cach.

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Valet Seating Company is currently selling 2,500 oversized bean bag chairs a month at a price of $80 per chair. The vanable cost of cach. chair sold includes $65 to purchase the bean bag chairs from suppliers and a $8 sales commission. Fixed costs are $7.000 per month . Thit company is considering making several operational changes and wants to know how the change will impact is operating income: Read the reguirements Requirement 1. Prepare the company's current contribution margin income statement. (Use parentheses or a manus sign for an operating. loss.)

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