Contribution margin income statement

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Reference no: EM13823922

This is a second post of this question as the first respondent did not finish the last part of the question

WORLDWIDE TRAVEL CONTRIBUTION MARGIN INCOME STATEMENT THREE MONTHS ENDING 3/31/14

SALES REVENUE - $317, 500. VARIABLE COSTS - 95,250. CM - 222,250. FC -175,000. OPERATING INCOME- $47,250

Revelant range is between sales of $245,000 and $364,000. 1. Calculate the contribution margin ratio 2. Prepare two contribution margin statements-one at the $245,000. range and one at the $364,000. Level

Reference no: EM13823922

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