In August, Bliek Corporation sold 8,300 units of its only product. Its total sales were $664,000, its total variable expenses were $415,000, and its total fixed expenses were $204,000.
Required:
a. Construct the company's contribution format income statement for August in good form.
b. Redo the company's contribution format income statement assuming that the company sells 8,600 units.

Question

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The Answer of In August, Bliek Corporation sold 8,300 units of its only product. Its total sales were $664,000, its total variable expenses were $415,000, and its total fixed expenses were $204,000.
Required:
a. Construct the company's contribution format income statement for August in good form.
b. Redo the company's contribution format income statement assuming that the company sells 8,600 units.

In August, Bliek Corporation Sold 8,300 Units of Its Only