Help Save & Exit Submit O You received partial credit in the previous attempt 3 Check my work View previous attemp Todrick Company is a merchandiser that reported the following information based on 1000 units sold ales Beginning merchandtse inventory Purchases Ending merchandise inventory Fixed selling expense Fixed administrative expense Variable selling expense Variable administratve expense Contribution margin Net operating income 210,000 14,000 $ 140,000 $7,000 nts 8,400 $10,500 Print 42,000 12,60e eterenees Required 1 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 st atement format traditional format or contribution format) would be mor usefulto managers in estimating how net operating income will change in responses to changes in unit sales? Complete this question by entering your answers in the tabs below Rea 1 Req 2 Rea 3 to S Req6 Prepare a contribution format income statement. Todrick Company Contribution Format Income Statement 5 210,000 Sales Variable expenses S 147 000 Cost of aoods sold RO