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Make contribution income statement and cogs and rent

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Problem 1: Make contribution income statement, COGS and rent are variable costs. Registration cost and wages are fixed. After, it is expected for sales to increase by 20% see forecast OP schedule, can you make another schedule forecast in the contribution margin income statement form.

Schedule of Operating Profit:

Sales in 2019 15000
COGS 9300
Gross Margin 5700
Other costs:
Registration cost 1000
Rent 770
Wages 300
Operating Profit 3630

Forecasted operating profit schedule:

Operating profit 3630
Sales in 2019 15000
OP as a % of sales 24.2%
Forecasted sales 18000
Forecasted operating profit 4356

 

Reference no: EM132714040

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