| Income StatementFor the year ended 31-03-2014 | ||
| Particulars | Amount | Total |
| Sales | 25,00,000 | |
| Less: Variable Cost: | ||
| Cost of goods manufactured | 12,00,000 | |
| Variable Selling Expenses | 3,00,000 | |
| Variable Administration Expenses | 50,000 | |
| 15,50,000 | ||
| Contribution | 9,50,000 | |
| Less: Fixed Cost: | ||
| Fixed Administration Expenses | 70,000 | |
| Fixed Selling Expenses | 1,30,000 | 2,00,000 |
| 7,50,000 |
Accounting Basics / August 18, 2021
Income Statement under Marginal Costing
Income StatementFor the year ended 31-03-2014 Particulars Amount Total Sales 25,00,000 Less: Variable Cost: Cost of goods manufactured 12,00,000 Variable Selling Expenses 3,00,000 Variable Administration Expenses 50,000 15,50,000 Contribution 9,50,000 Less: Fixed Cost: Fixed Administration Expenses 70,000 […]