The following is Allison Corporation's contribution format income statement for December 2008:

The company had no beginning or ending inventories. The company produced and sold 10,000 units in December 2008.

Required:

Assuming no change in either the cost structure or the average selling price, complete the following contribution format income statement for a month Allison Corporation reports no before-tax profit or loss:

Question

The following is Allison Corporation's contribution format income statement for December 2008:

The company had no beginning or ending inventories. The company produced and sold 10,000 units in December 2008.

Required:

Assuming no change in either the cost structure or the average selling price, complete the following contribution format income statement for a month Allison Corporation reports no before-tax profit or loss:

Quizplus · Accepted Answer

The Answer of The following is Allison Corporation's contribution format income statement for December 2008:

The company had no beginning or ending inventories. The company produced and sold 10,000 units in December 2008.

Required:

Assuming no change in either the cost structure or the average selling price, complete the following contribution format income statement for a month Allison Corporation reports no before-tax profit or loss:

The Following Is Allison Corporation's Contribution Format Income Statement for December