Given the Following,calculate Contribution Margin and Net Income

question 50

Essay

Given the following,calculate contribution margin and net income:
$\begin{array}{lrrr} & && \text { Indirect } \\ \text { Net Sales } & \text { DVD } & C D & \text { Expense } \\ \text { Cost of Goods Sold } & \$ 7,500 & \$ 3,900 & \\ & 4,100 & 1,800 &\\\text {Operating Expenses (Indirect)}&&&\$ 2,600 \end{array}$