Let's try another version of Example #6 in the example packet.Suppose Revenues are $535,311Cost of Goods sold, representing the cost of products sold, is made up of $68,089 of fixed costs and $89,938 ofvariable costsPeriod expenses (sales, marketing and administrative expenses) are made up of $30000 of variable costs and$50000 in fixed costs.Prepare a contribution margin income statement. What is Total Contribution Margin that would appear on thestatement?

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Asked Oct 12, 2019
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Let's try another version of Example #6 in the example packet.
Suppose Revenues are $535,311
Cost of Goods sold, representing the cost of products sold, is made up of $68,089 of fixed costs and $89,938 of
variable costs
Period expenses (sales, marketing and administrative expenses) are made up of $30000 of variable costs and
$50000 in fixed costs.
Prepare a contribution margin income statement. What is Total Contribution Margin that would appear on the
statement?
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Let's try another version of Example #6 in the example packet. Suppose Revenues are $535,311 Cost of Goods sold, representing the cost of products sold, is made up of $68,089 of fixed costs and $89,938 of variable costs Period expenses (sales, marketing and administrative expenses) are made up of $30000 of variable costs and $50000 in fixed costs. Prepare a contribution margin income statement. What is Total Contribution Margin that would appear on the statement?

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Contribution margin income stateme...

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A Income Statement Detail (S) Amount (S) 535311 2 Particulars 3 Revenue 4 Less: Variable cost 5 Cost of Goods Sold 89938 |-B5+B6 -С3-Сб 6 Period expenses 30000 7 Contribution margin 8 Less: Fixed costs 9 Cost of Goods Sold 68089 10 Period expenses =B9+B10 |-С7-С10 50000 11 Net Income

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