Question: Need help with this . . . thanks! Current Attempt in Progress Restate the following income statement for a Sunland company in contribution margin format.
Current Attempt in Progress Restate the following income statement for a Sunland company in contribution margin format. Sales ($48 per unit) Less cost of goods sold ($33 per unit) Gross margin Less Operating costs: Salaries Advertising Rent Delivery charges ($2 per unit) Operating income $4,000 580 4,800 1,590 Sales Less Variable Cost Cost of Goods Sold Delivery Charges Total Variable Cost $38,160 26,235 11,925 10,970 $955 4000 38160 26235 1590 10335 Less Salaries Advertising Fixed Cost Total Fixed Cost Operating Income Save for Later Last saved 20 hours ago. Saved work will be auto-submitted on the due date. Auto-submission can take up to 10 minutes.
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