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I'm not sure how to come up with the missing numbers .  Exercise 2-14 Complete each of the following contribution format income statements by supplying the missing numbers.     a.   b.   c.   d. Sales revenue   $     $497,108   $     $613,716 Variable expenses   218,584       101,608     Contribution margin   120,020   166,128       402,512 Fixed expenses       91,288   133,600     Operating income   22,674             Income taxes       22,452   25,168   64,786 Net income   $15,872   $     $75,504   $194,358     Click if you would like to Show Work for this question: Open Show Work

I'm not sure how to come up with the missing numbers .  Exercise 2-14 Complete each of the following contribution format income statements by supplying the missing numbers.     a.   b.   c.   d. Sales revenue   $     $497,108   $     $613,716 Variable expenses   218,584       101,608     Contribution margin   120,020   166,128       402,512 Fixed expenses       91,288   133,600     Operating income   22,674             Income taxes       22,452   25,168   64,786 Net income   $15,872   $     $75,504   $194,358     Click if you would like to Show Work for this question: Open Show Work

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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I'm not sure how to come up with the missing numbers . 

Exercise 2-14

Complete each of the following contribution format income statements by supplying the missing numbers.

   
a.
  
b.
  
c.
  
d.
Sales revenue   $
 
   $497,108   $
 
   $613,716
Variable expenses   218,584  
 
   101,608  
 
Contribution margin   120,020   166,128  
 
   402,512
Fixed expenses  
 
   91,288   133,600  
 
Operating income   22,674  
 
  
 
  
 
Income taxes  
 
   22,452   25,168   64,786
Net income   $15,872   $
 
   $75,504   $194,358
 

 

Click if you would like to Show Work for this question:
Open Show Work

 

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