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Universal Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss) Enter any number in the edit fields and then click choot Homework: MAL 7.1 Save Score: 0 of 1 pt 1 of 3 (2 complete) HW Score: 33.33%, 1 of 3 pt Question Help XE7-19A (similar to) Aussie Travel uses the contribution margin income statement internally. Aussie's first quarter results are as follows: (Click the icon to view the income statement.) Aussie's relevant range is sales of between $150,000 and 5640,000 Read the requirements Data Table Requirements Aussie Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss) Aussie Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue 520,000 Less: Variable expenses 208,000 Contribution margin $ 312,000 Less: Fixed expenses 171,000 $ 141,000 Operating income 1. Prepare contribution margin income statements at sales levels of $200,000 and $440,000. (Hint: Use the contribution margin ratio) 2. Compute breakeven sales in dollars. Enter any number in the edit fields and then click Che Print Done Print Done 3 parts remaining Clear All