In: Accounting
Baseball Helmets | Football Helmets | Total | |
Sales Revenue | $ 310,000 | $ - | $ 310,000 |
Less: variable Exp. | $ 235,000 | $ - | $ 235,000 |
Contribution Margin | $ 75,000 | $ - | $ 75,000 |
Less: Fixed Exp. | $ 38,000 | $ 38,000 | $ 76,000 |
Net Income | $ 37,000 | $ (38,000) | $ (1,000) |
After dropping Football Helmets total Operatuing income of $29000 has been changed into operating loss of $1000 |