Based on the following assumptions, calculate the Contribution Margin and the Contribution Income Statement. Assumptions: 1....

Based on the following assumptions, calculate the Contribution Margin and the Contribution Income Statement.

Assumptions:

1. 250 Units are Sold

2. Per Unit cost is $75

3. Variable costs = $35 per unit

4. Fixed costs are $3,500

a. What is the Revenue?

b. What are the Variable costs?

c. What is the Contribution Margin?

d. What is the Operating Income?

	Units	Per Unit
	Sold	Cost	Amount
Revenue

Variable Costs
Contribution Margin
Fixed Costs
Operating Income

Expert Solution

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