Question: Please help me solve for the values in yellow. Show the formulas you used to get the answers too please!! The following contains information about

Please help me solve for the values in yellow. Show the formulas you used to get the answers too please!!

Please help me solve for the values in yellow. Show the formulas

The following contains information about April's production for Cabinera, Incorporated. Units produced 10,000 UT D Units sold 9,000 6 Sales price $450.00 Direct materials cost per unit $104.00 8 Direct labor cost per unit $91.00 9 Variable overhead cost per unit $64.00 10 Fixed overhead (total) $652,000 11 Variable selling expense per unit sold $22.00 12 Fixed administrative expense $258,000 13 14 Required: 15 1. Prepare a Traditional Income Statement (Absorption Costing). 16 2. Prepare a Contribution Format Income Statement (Variable Costing). 17 18 Cabinera, Incorporated 19 Traditional Format Income Statement 20 For the Month Ended April 30, 20XX 21 Sales 4,050,000 22 Direct Materials 936,000 23 Direct Labor 819,000 24 Variable Overhead 576,000 25 Fixed Overhead 26 Cost of Goods Sold 27 Gross Profit 28 Administrative Expense 29 Selling Expense 30 Total Period Costs 31 Net Operating Income 32 33 Cabinera, Incorporated 34 Variable Costing Income Statement 35 For the Month Ended April 30, 20XX 36 Sales 4,050,000 37 Direct Materials 936,000 38 Direct Labor 819,000 39 Variable Overhead 576,000 40 41 Total Variable Cost 42 Contribution Margin 43 Fixed Overhead 44 45 Total Fixed Costs 46 Net Operating Income 47 48 49

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