Question: Part 2 : Use only the information in Part 2 to prepare a Contribution Margin Income Statement and a Gross Margin Income Statement for the

Part 2: Use only the information in Part 2 to prepare a Contribution Margin Income Statement and a Gross
Margin Income Statement for the month of July 2022. Assume the company produced and sold 15,000 units
and there were no units in inventory on July 1,2022. All reports should be prepared in Excel with good form.
The cost accountant for the GEM Company has provided you with the following information for the month of
July:
Part 2: Use only the information in Part 2 to prepare

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