Total Unit Sales$1,000,000 $50.00 Less variable expenses 600,000 30.00
Contribution margin 400,000 20.00 Less fixed expenses 320,000 16.00
Operating income 80,000 4.00 Less income taxes @ 40% 32,000 1.60
Net operating income$48,000 $2.40
Contribution margin 400,000 20.00 Less fixed expenses 320,000 16.00
Operating income 80,000 4.00 Less income taxes @ 40% 32,000 1.60
Net operating income$48,000 $2.40