Bayona Inc., which produces and sells a single product, has provided the following contribution format income statement for November: 
Required:
Redo the company's contribution format income statement assuming that the company sells 8,400 units.
Definitions:
Balance Sheet Impact
Represents the effect of transactions and events on the financial position of a business as shown in its balance sheet.
Perpetual FIFO
A perpetual inventory system that continuously updates inventory records, using the "First In, First Out" method to determine the cost of goods sold and inventory valuation.
Ending Inventory
The final value of goods available for sale at the end of an accounting period.
Cost Calculation
The process of determining the total cost incurred to produce goods or deliver services, factoring in both direct and indirect expenses.
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