Complete each of the following contribution format income statements by supplying the missing numbers.
|
Sales revenue |
? |
$450,000 |
? |
$600,000 |
|
Variable costs |
210,000 |
? |
96,000 |
? |
|
Contribution margin |
90,000 |
150,000 |
? |
400,000 |
|
Fixed costs |
? |
90,000 |
120,000 |
? |
|
Operating income |
15,000 |
? |
? |
? |
|
Income taxes |
? |
18,000 |
16,000 |
55,000 |
|
Net income |
$10,500 |
? |
$48,000 |
$165,000 |