Question: Let's try another version of Example #6 in the example packet. Suppose Revenues are $546430 Cost of Goods sold, representing the cost of products sold,

Let's try another version of Example #6 in the example packet.

Suppose Revenues are $546430

Cost of Goods sold, representing the cost of products sold, is made up of $68583 of fixed costs and $85771 of variable costs.

Period expenses (sales, marketing and administrative expenses) are made up of $30000 of variable costs and $50000 in fixed costs.

Prepare a contribution margin income statement. What is Total Contribution Margin that would appear on the statement?

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