SHOW STEP BY STEP CALCULATIONS WITH FORMULAS FOR BOTH THE INCOME STATEMENT AND ALSO A TABLE. DO NOT ROUND OF THE DATA.

Dominion Sports, Inc., produces high-quality sports equipment. The company's Racket Division manufactures three tennis rackets - the Standard, the Deluxe, and the Professional - that are widely used in amateur play. Selected information on the rackets is given below: All sales are made through the company's retail outlets. The Racket Division has the following fixed costs: Sales, in units, over the past two months have been as follows: Prepare contribution format income statements for August and September. Use the following headings: [6 Marks]