Question: I need the EXCEL formulas for the excel spreadsheet to get the proper numbers using the information in the cells above. I need a formula


I need the EXCEL formulas for the excel spreadsheet to get the proper numbers using the information in the cells above. I need a formula for each yellow box. Will upvote.
B E 1 Jay Corporation has decided to prepare contribution income statements for internal planning. 2 3 Budgeted information for Quarter 1 of Year 3: 4 Sales in units 17,000 5 Sales price per unit $ 48.00 6 7 After analyzing expenses, the company has determined the following cost patterns. 8 Cost of Goods Sold (per unit) $ 29.00 9 Sales Commissions (per dollar of sales) 9.50% 10 11 Administrative Salaries (per quarter) $ 45,000.00 12 Rent Expense (per quarter) 27,000.00 13 Depreciation Expense (per quarter) $ 36,000.00 14 A A 17 18 19 Jay Corporation Budgeted Income Statement For Year 3, Quarter 1 20 21 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 34 35
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