Question: i need help with #5 repare an income statement in good form for September using the traditional roach. NI+ Prepare an income statement in good

i need help with #5

repare an income statement in good form for September using the traditional roach. NI+ Prepare an income statement in good form for September using the contribution proach. Absorption $590,000 $251.000 CM ales $590,000 VC $202.000 339,000 CM $388,000 S300.000 FE $349.000 NOI S39,000 $39,000 5. (4 points) Carver Company produces a product which sells for $30. Variable manufacturing costs are S15 per unit. Fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. A selling commission of 10% of the selling price is paid on each unit sold. The contribution margn per unit is: A. $3 B. $15 C. $8 D. $12 6. (3 points) A contribution approach income statement can usually be easily prepared from the information contained in a corporation's published income statement. True False

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