| Income StatementFor the year ended 31-03-2014 | ||
| Particulars | Amount | Total |
| Sales | 25,00,000 | |
| Less: Variable Cost: | ||
| Cost of goods manufactured | 12,00,000 | |
| Variable Selling Expenses | 3,00,000 | |
| Variable Administration Expenses | 50,000 | |
| 15,50,000 | ||
| Contribution | 9,50,000 | |
| Less: Fixed Cost: | ||
| Fixed Administration Expenses | 70,000 | |
| Fixed Selling Expenses | 1,30,000 | 2,00,000 |
| 7,50,000 |
