(c)

Prepare a CVP income statement for current operations and after Mary's changes are introduced.

FLOUNDER SHOE STORE

CVP Income Statement

Current

New

Administrative Expenses

Contribution Margin

Cost of Goods Sold

Fixed Expenses

Gross Profit

Net Income/(Loss)

Sales

Selling Expenses

Variable Expenses

$

$

Administrative Expenses

Contribution Margin

Cost of Goods Sold

Fixed Expenses

Gross Profit

Net Income/(Loss)

Sales

Selling Expenses

Variable Expenses

Administrative Expenses

Contribution Margin

Cost of Goods Sold

Fixed Expenses

Gross Profit

Net Income/(Loss)

Sales

Selling Expenses

Variable Expenses

Administrative Expenses

Contribution Margin

Cost of Goods Sold

Fixed Expenses

Gross Profit

Net Income/(Loss)

Sales

Selling Expenses

Variable Expenses

Administrative Expenses

Contribution Margin

Cost of Goods Sold

Fixed Expenses

Gross Profit

Net Income/(Loss)

Sales

Selling Expenses

Variable Expenses

$

$

Would you make the changes suggested?

i just need help with the statement i have all the other question finished