Formulas Data Review View Share Comments Home Insert Draw Page Layout C18 A XV fx? B 1 Chapter 1: Applying Excel C D E F G H I J K L M N O P Q R S T U $12.000 3 4 5 8 7 B 9 10 11 Data Salas Variable costs: Cost of goods sold Variable selling Variable administrative Fixed costs: Fixed seling Fixed administrative $6.000 $500 $400 32.500 $1.500 12 13 Enter a famulinda each of the calls marked with a ? below 14 Exhibit 1-7 15 16 Traditional Format Income Statement 17 Sales 18 Cost of goods sold 19 Gross margin 20 Seling and administrative expenses 21 Seling 22 Administrative 23 Net agerating income 25 Contribution Format Income Statement 26 Sales 27 Variable expenses 28 Cost of goods sold 29 Variable selling 30 Variable administration 31 Contribution margin 32 Fixed expenses: 33 Fixed seling 34 Fixed administrative 35 Not operating income Applying Excel Required 1 Applying Excel Required 2 Exercise 1-3 Exercise 1-16 Problem 1-19 Problem 1-22 + 0 0 - - + 100%