Prepare a Contribution Margin Income Statement: Complete the Statement below. Surfboard Department Contribution Margin Income Statement For the month ended March 31 Total Per Unit Sales $500,000 $200 ($80) ($50) Cost of Goods Sold - Variable Selling Expenses - Variable Administrative Expenses - Variable Contribution Margin Seling Expense - Fixed Administrative Expenses - Fixed Operating Income $50,000 How much profit will they make if they sell 100 more surfboards? Answer - make sure you show all your work: Prepare a Contribution Margin Income Statement: Complete the Statement below. Surfboard Department Contribution Margin Income Statement For the month ended March 31 Total Per Unit Sales $500,000 $200 ($80) ($50) Cost of Goods Sold - Variable Selling Expenses - Variable Administrative Expenses - Variable Contribution Margin Seling Expense - Fixed Administrative Expenses - Fixed Operating Income $50,000 How much profit will they make if they sell 100 more surfboards? Answer - make sure you show all your work