Doran Products had costs of $950,000 when sales equaled 55,000 units.When sales increased to 85,000 units,total costs increased to $1,400,000.The selling price is $21 per unit.Required:
(a. )Determine the fixed and variable portions of costs.(b. )Prepare a contribution margin income statement for a month with sales of 70,000 units.

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The Answer of Doran Products had costs of $950,000 when sales equaled 55,000 units.When sales increased to 85,000 units,total costs increased to $1,400,000.The selling price is $21 per unit.Required:
(a. )Determine the fixed and variable portions of costs.(b. )Prepare a contribution margin income statement for a month with sales of 70,000 units.

Doran Products Had Costs of $950,000 When Sales Equaled 55,000