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Prepare a contribution margin income statement for the

Bowery Company manufactures a single product that sells for $100 per unit. The company projects sales of 400 units per month. Projected costs follow.

type of Cost	Manufacturing	Non-manufacturing
Variable	$10,000	$6,000
Non-variable	13,000	5,000

1. Prepare a contribution margin income statement for the month.

2. What is the contribution margin ratio?

3. What volume, in terms of units, must the company sell to break even?

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Cost Accounting: Prepare a contribution margin income statement for the

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Cost Accounting: Prepare a contribution margin income statement for the

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