## Answers

Selling price per unit = $720

Purchase price per unit = $450

Sales commission = 5%

= 720 x 5%

= $36

Variable cost per unit = Purchase price per unit + Sales commission

= 450+36

= $486

Rent expense = $10,000

Staff salaries = $16,700

Total fixed expense = Rent expense + Staff salaries

= 10,000+16,700

= $26,700

Income Statement | |

Sales ( 200 x 720) | 144,000 |

Variable cost ( 200 x 486) | -97,200 |

Contribution Margin | $46,800 |

Fixed cost | -26,700 |

Operating Income | 20100 |

Operating income for the month of June = 20100.

*Kindly comment if you need further assistance. Thanks‼!*

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