Seating company is currently selling 1,400 oversized bean bag chairs a month at a price of $95 per chair. the variable cost of each chair sold includes $65 to purchase the bean bag chairs from suppliers and a $2 sales commission. fixed costs are $ 13,000 per month. the company is considering making several operational changes and wants to know how the change will impact its operating income: prepare the company's current contribution margin income statement. (use parentheses or a minus sign for an operating loss.)

Contribution Margin Income Statement

+Sales Revenue                        1,400 x $95 = $133,000

-Variable production costs     1,400 x $65 = ($91,000)

-Variable selling costs              1,400 x $2 = ($2,800)

=Contribution Margin                $133,000 - $91,000 - $2,800

                                                 =  $39,200

-Fixed production costs          ($13,000)

=Net profit                                = $39,200 - $13,000

                                                 = $26,200

false is correct i hope.

i might be