Question: QUESTION 1 Question one (40 marks) Given below is Madeena Company's contribution format income statement for the month of January 2020 Amount Sales (10,000 units)

QUESTION 1 Question one (40 marks) Given below is Madeena Company's contribution format income statement for the month of January 2020 Amount Sales (10,000 units) 240,000 Variable Expense..... 180,000 Contribution Margin... 60,000 Fixed Expenses........ 32,000 Net Operating Income...... 28,000 Required 1. Compute the company's: a. CM per unit (2 marks)

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