In December, Mccullum Corporation Sold 2,900 Units of Its Only

Essay

In December, Mccullum Corporation sold 2,900 units of its only product. Its total sales were $281,300, its total variable expenses were $130,500, and its total fixed expenses were $122,600.
Required:
a. Construct the company's contribution format income statement for December.
b. Redo the company's contribution format income statement assuming that the company sells 3,100 units.