You have been provided the following information by Mehal and Rahul Emporium.

REQUIRED:

Sales905,000

Direct Labour - Variable125,000

Direct Labour - Fixed150,000

Administration Staff - Wage Expense40,000

Administration Staff - Salary Expense50,000

Advertising Staff - Salary Expense60,000

Advertising Staff - Wage Expense50,000

Direct Material - Fixed85,000

Direct Material - Variable65,000

Manufacturing Overhead - Variable25,000

Manufacturing Overhead - Fixed20,000

Janitorial Staff - Wage Expense35,000

Using this information, complete the two tables below. You are not required to list each individual accounts such as Administration Staff - Wage Expense or Direct Labor - Fixed. Select the name of the total line such as Fixed Costs or Variable Costs and the dollar amount opposite it.

Table A isthe Income Statement prepared using the Gross Margin Format

Table B is the Income Statement prepared using the Contribution Margin Format