Complete the contribution margin income statement

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Problem - Assume that you are part of the accounting team for Stewart Products. The company currently expects to sell 650 units for total revenue of $20,250 each month. Stewart Products estimates direct materials costs of $3,150, direct labor costs of $4,200, variable overhead costs of $2,100, and variable selling and administrative costs of $1,050. Fixed costs of $6,750 are also expected, which includes fixed overhead and selling and administrative costs. Using this information, complete the contribution margin income statement?

Reference no: EM132676924

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