Beta Corp Reported the Following Required:
A

Essay

Beta Corp reported the following:
$\begin{array}{ll}\text { Revenues } & \$ 2,500 \\\text { Variable manufacturing costs } & \$ 300 \\\text { Variable nonmanufacturing costs } & \$ 480 \\\text { Fixed manufacturing costs } & \$ 350 \\\text { Fixed nonmanufacturing costs } & \$ 270\end{array}$
Required:
a.Compute contribution margin.
b.Compute gross margin.
c.Compute operating income.