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Contribution Margin Income Statement 12/15/2023

XYZ Company

NET SALES VARIABLE COSTS FIXED COSTS CONTRIBUTION MARGIN

-$100 $500 $110 -$600

Amount Total
REVENUE
Gross sales $500.00
Less sales returns and allowances $600.00
TOTAL NET SALES -$100.00
VARIABLE COSTS
Variable Production Costs $200.00
Variable Selling Costs $300.00
TOTAL VARIABLE COSTS $500.00
CONTRIBUTION MARGIN -$600.00
Contribution Margin Ratio 600.00%
FIXED COSTS
Fixed Production Costs $50.00
Fixed Selling and Administrative Costs $60.00
TOTAL FIXED COSTS $110.00
NET INCOME -$710.00

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