Complete each of the following contribution format income statements by supplying the missing numbers.     a.   b.   c.   d. Sales revenue   $     $485,168   $     $686,356 Variable expenses   232,804       102,728     Contribution margin   130,532   171,860       430,808 Fixed expenses       87,912   146,396     Operating income   21,597             Income taxes       25,184   21,532   60,859 Net income   $15,118   $     $64,596   $182,577

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Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.