Section 10 | Finance 10.1 Income Statement Andr ews Baldwin Chester Digb y Erie Ferris Sales $113,263 $83,938 $89,173 $60,384 $48,457 $67,584 Variable Costs Direct Material $41,476 $30,268 $27,322 $17,498 $18,325 $17,879 Direct Labor $38,351 $27,341 $27,413 $15,182 $15,184 $19,321 Shipping $2,646 $2,817 $3,596 $0 $1,508 $2,496 Defects $1,629 $3,618 $3,494 $1,362 $2,139 $2,375 Inventory Carr y $0 $233 $975 $0 $1,364 $2,001 Total V ariable Costs (Labor , Material, Carr y, Ship, Def ect)$84,102 $64,277 $62,799 $34,042 $38,519 $44,072 Contribution Mar gin $29,161 $19,662 $26,374 $26,342 $9,939 $23,512 Period Costs Depr eciation $4,099 $3,048 $3,080 $2,040 $2,160 $2,688 SG&A R&D $0 $611 $1,218 $0 $605 $1,380 Promotions $2,450 $8,350