Calculate the contribution margin and operating income for June using variable c

Question

Calculate the contribution margin and operating income for June using variable costing Begin by selecting the labels and entering the amounts to compute the contribution margin. Then, select the labels and enter the amounts to compute the operating income Variable Costing Data Table Net Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs $ 720,000 200,000 175,000 152,000 83,000 Contribution Margin Operating Income PrintDone

Explanation / Answer

Variable costing income statement

net sales revenue 720000 less: variabel cost of goods sold 200000 less: variable selling and administrative costs 152000 352000 Contribution margin 368000 less: Fixed cost of goods sold 175000 less: Fixed selling and administrative costs 83000 258000 Net operating income $110000

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.