Travelers Aids contribution margin income statement.
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Travelers Aids most recent income statement.
sales - 3,000 units total-$90.000 Per unit $30.00
variable expenses 54,000 18.00
contribution margin 36,000 12.00
fixed expenses 22,000
net operating income 14,000
Prepare a new contribution format income statement.
Then, prepare a new one supposing the sales increase by 150 units.
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Solution Summary
The expert created a template in Excel (attached) so that you can put in any level of units sold and it will give you a revised expected operating income. Click in cells to see computations.
Education
- BSc, University of Virginia
- MSc, University of Virginia
- PhD, Georgia State University
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