What is the contribution margin income statement? In what ways does it differ from the traditional income statement? A corporation gathered the following information for the year just ended: Fixed costs: Manufacturing $115.000 Marketing 40,000 Administrative 18,000 Variable costs: Manufacturing $50.000 Marketing 5800 Administrative 35.000 During the year, this company produced and sold 30,000 units of product at a selling price of $10.23 per unit. There was no beginning inventory of product at the start of the year. What is the contribution margin for the year? Present your calculations. 10:26