Create a contribution margin income statement/variable- costing income statement based on the information below. 200,000 units were sold. Show all calculations. Example of contribution margin income statement/variable- costing income statement included below for help.

Example

No. of units sold Selingpice per unit 200,000 $40.00 Fixed Expenses Expenses (per unit sold Production costs Direct materials Direct labor Factory overhead $5.50 5.00 3.50 $800,000 Marketing expenses 100,000 150,000 20,000 4.50 Sales salaries and commissions Advertising Miscellaneous marketing expenses Administration expenses Office salaries Supplies Miscellaneous administration expense:s 100,000 14,000 10,000 $1,194,000 0.50 TOTAL EXPENSES $19.00