Toye Corporation has provided its contribution format income statement for March...

Toye Corporation's contribution format income statement for March shows the total revenues and expenses for the month, along with the difference between the two. It also shows the total contribution margin for the month, which is the total revenues minus all variable expenses. This figure indicates the amount of profit generated from one unit of product or service sold. The income statement also shows the fixed cost of business and the net income for the month. The net income figure is what is actually available to the business to use for reinvestment or other purposes.