Question: Please answer in the graphs format for clear understanding. Coronado, Ltd. is a local coat retailer. The store's accountant prepared the following income statement for


Please answer in the graphs format for clear understanding.
Coronado, Ltd. is a local coat retailer. The store's accountant prepared the following income statement for the month ended January 31: $ 751.000 385,500 365,500 Sales revenue Cost of goods sold Gross margin Operating expenses Selling expense Administrative expense Net operating income $ 24,430 50.650 75.000 $ 290,420 Coronado sells its coats for $250 each. Selling expenses consist of fixed costs plus a commission of $6.50 per coat. Administrative expenses consist of fixed costs plus a variable component equal to 5% of sales. Prepare a contribution format income statement for January. (Round per unit cast to 2 decimal places, eg. 52.75 and all other answers to decimal places, eg5,275.) $ $ $ $ $ Using the format y = mx + b, develop a cost formula for total expenses. (Round unlt cost to 2 decimal places, eg, 52.75 and all other answers to decimal places, eg, 5.275.) $ $ Operating expenses e Textbook and Media If 2,700 coats are sold next month, what is the expected total contribution margin? (Round answer to decimal places, eg. 5,275.) $ Contribution margin e Textbook and Media
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