Momisey Brown, Lid., of Sydney is a merchandising company that is the sole distributor of a product that is increasing in popularity among Australian consumers.
Required:
(b) Using the high-low method, separate each mixed expense into variable and fixed elements, State the cost formula for each mixed expense.

The donation periphery income statement organizes the data in a way that makes it easier for operation to assess how changes in product and deals will affect operating profit.

The donation periphery. represents deals profit left over after abating variable costs from deals.

Calculate the operating income by abating your total fixed costs from the donation periphery, as they both appear on the donation income statement.

For illustration, if you have a donation periphery of$,000 and fixed costs of$,000, also you would have an operating income of$,000. This is different from a traditional income statement, which doesn't distinguish between fixed- and variable- product and selling costs, and which considers the pot as a whole rather than each member collectively.

The donation income statement is primarily useful to internal decision makers.

Here, advertising expense = Fixed Cost

and, Shipping Expense = Mixed cost

So, Cost of Goods Sold is equal to the Variable Cost at $60 per unit as Contribution Margin Income Statement.

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