$20,000 per year + $3 per unit sold Oreo Required: how to calculak, Traditional & Contribution Form Income Statements P1-B Cod Company is a merchandising firm that is budgeting sales of 10,000 units for the current year. Selling price will be $50 per unit. The following estimates are available. Cost Cost formula Cost of goods sold $30 per unit sold Advertising expense $20,000 per year Depreciation expense $12,000 per year Office salaries $55,000 per year Rent expense $18,000 per year nous Fixo Sales commissions 5% of sales Shipping expense where does this go 1) Prepare a traditional form income statement for the current year. Bay to calculate then we cloes it go 2) Prepare a contribution form income statement for the current year. tired of vera Thered