Following is relevant information for Snowdon Sandwich Shop, a small business that serves sandwiches:
Total fixed cost per month $1,080.00
Variable cost per sandwich 0.75
Sales price per sandwich 5.25
During the month of June, Snowdon sold 560 sandwiches. Complete the contribution margin income statement for the month of June. (Round your final answers to the nearest whole dollar.)
SNOWDON SANDWICH SHOP CONTRIBUTION MARGIN INCOME STATEMENT
MONTH OF JUNE
Contribution Margin
Net Operating Income