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Create a contribution format income statement for the month

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Reference no: EM132621423

Sales =$800000
Administrative expense=$2000per month plus 5%of sales
Freight out=$15 per unit sold
Heating=$30000(1÷3 variable and 2÷3 fixed)
Selling expense=$30000 per month plus $2per unit sold

Depreciation=$2000per month additional information: the selling price per unit is $400and contribution margin per unit is $200

Problem 1: Create a contribution format income statement for the month?

Reference no: EM132621423

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