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XYZ Company, reports the following Total costs at two levels of production Beginning Inventory = 0 Units Ending Inventory = 0 Units Selling Price Per

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XYZ Company, reports the following Total costs at two levels of production Beginning Inventory = 0 Units Ending Inventory = 0 Units Selling Price Per Unit $90 1000 Units 2000 Units Costs: Direct Materials Maintenance Direct Labor Indirect Material Depreciation Utilities Rent 20000 8000 17000 1000 4000 3000 6000 40000 10000 34000 2000 4000 5000 6000 Required: Prepare Contribution Income Statement for Production Level of 4000 Units, Given that Beginning Inventory = 0 Units and Ending Inventory - 500 Units Answer Title Percentage % Sales Revenue Total Total Variable Expenses Contribution Margin Total Fixed Expenses Net Operating Income

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