Question: QS 1 8 - 1 1 ( Algo ) Preparing a contribution margin income statement LO P 2 Zhao Company has fixed costs of $

QS 18-11(Algo) Preparing a contribution margin income statement LO P2
Zhao Company has fixed costs of $390,600. Its single product sells for $181 per unit, and variable costs are $119 per unit. The company reports sales of 10,000 units. Prepare a contribution margin income statement for the year ended December 31.
\table[[ZHAO Company],[Contribution Margin Income Statement,],[For Year Ended December 31,],[,],[,],[,],[,]]
 QS 18-11(Algo) Preparing a contribution margin income statement LO P2 Zhao

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