what amount of 2007’s revenues went towards covering fixed costs and generating profits. You determine that the contribution method is what is being looked for.Income Statement31-dec-2007Revenue 150,000Costs:Factory Depreciaton & Matienance 40,000Rubber, THread etc 41,000Employee wages 38,000Net Income 31,000The 2007 contribution margin is: __________?
what amount of 2007’s revenues went towards covering fixed costs and generating profits. You determine that the contribution method is what is being looked for.Income Statement31dec2007…