Question: 5 Prepare a contribution format income statement 2. Prepare a traditional format income statement 3. Calculate the selling price per unit 4. Calculate the variable

5 Prepare a contribution format income statement 2. Prepare a traditional format income statement 3. Calculate the selling price per unit 4. Calculate the variable cost per unit 5. Calculate the contribution margin per unit. 6. Which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in responses to changes in unit sales 16 Complete this question by entering your answers in the tabs below R2 Resto Reg. 3. Calculate the selling price per unit. 4. Calculate the variable cost per unit 5. Calculate the contribution margin per unit 3 Selling price porn 5. Contributo mo per 66 Miller Company's total sales are $150,000. The company's direct labor cost is $18,000, which represents 30% of its total conversion cost and 40% of its total prime cost. Its total selling and administrative expense is $22,500 and its only variable selling and administrative expense is a sales commission of 5% of sales. The company maint: 10 beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs inne Required: 1. What is the total manufacturing overhead cost? 2. What is the total direct materials cost? 3. What is the total manufacturing cost? 4. What is the total variable selling and administrative cost? 5. What is the total variable cost? 6. What is the total fixed cost? 7. What is the total contribution margin
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