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Windup Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year for Sales revenue Total $520,000

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Windup Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year for Sales revenue Total $520,000 Variable expenses Contribution margin Fixed expenses 165.000 80,000 Operating income (loss) 40,000 $85,000 $115,000 Luxury Sporty $390,000 $130,000 355,000 235,000 120,000 155,000 10,000 40,000 $130,000)

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