Following is relevant information for Sunsplash Smoothie Shop, a small business that serves fruit drinks.
Total fixed cost per month $1,200.00
Variable cost per drink 1.25
Sales price per drink 4.75
During the month of June, Sunsplash sold 500 smoothies. Using the preceding information, prepare its contribution margin income statement for the month of June.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here