Question: I got the first two wrong someone help me please XH. . FILE HOME .: INSERT Cost Behavior, Operating Leverage, and Profitability Analysis - Excel


XH. . FILE HOME .: INSERT Cost Behavior, Operating Leverage, and Profitability Analysis - Excel PAGE LAYOUT FORMULAS DATA REVIEW VIEW 5 sx Sign In Calibri ENE B I U . - A Alignment Number Paste Clipboard Editing Conditional Format as Cell Formatting Table Styles" Styles Cells - B26 1 Jay Corporation has decided to prepare contribution income statements for internal planning. 3 Budgeted information for Quarter 1 of Year 3: 4 Sales in units 5 Sales price per unit 17,000 48.00 8 After analyzing expenses, the company has determined the following cost patterns, Cost of Goods Sold (per unit) 29.00 Sales Commissions (per dollar of sales) 9.50% 12 Administrative Salaries (per quarter) Rent Expense (per quarter) Depreciation Expense (per quarter) $ $ $ 45,000.00 27,000.00 36,000.00 16 1. Prepare a contribution margin income statement for Quarter 1 of Year 3. Jay Corporation Budgeted Income Statement tion Saved B26 F G 11 12 13 Administrative Salaries (per quarter) Rent Expense (per quarter) Depreciation Expense (per quarter) $ $ $ 45,000.00 27,000.00 36,000.00 16 1. Prepare a contribution margin income statement for Quarter 1 of Year 3. Jay Corporation Budgeted Income Statement For Year 3, Quarter 1 $ 816,000.00 $ 493,000.00 77.520.00 22 Sales 23 Variable expenses: 24 Cost of goods sold 25 Sales commissions 26 Total variable expenses 27 Contribution margin 28 Fixed expenses: 29 Adminstrative salaries 30 Rent expense 31 Depreciation expense 32 Total fixed expenses 33 Net operating income Sheet1 ... + !!! O + 100% READY Attempt(s)
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