Current Attempt in Progress

Restate the following income statement for a retailer in contribution format.

Sales revenue $($ $$100$ per unit$)$

Less cost of goods sold $($ $$62$ per unit$)$

Gross margin

Less operating costs:

$$94,000$

Shipping Expenses

Total Fixed Expenses

Operating Income

Salaries Expenses

Attempts: $0$ of $3$ used

Sales Revenue

Contribution Margin

Advertising Expenses

Variable Expenses

Fixed Expenses

Cost of Goods Sold

Total Variable Expenses

Commissions Expenses