please i need all the answers

Required information The Chapter 1 Form worksheet is to be used to create your own worksheet version of Exhibit 17 in the text. Downioad the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell C18 enter the formula " = B6". After entering formulas in all of the cells that contained question marks, verify that the dollar amounts in both the traditional and contribution format income statements match the numbers in Exhibit 1-7. Check your worksheet by changing the variable selling cost in the Data area to $900, keeping all of the other data the same as in Exhibit 1-7. If your worksheet is operating properly, the net operating income under the traditional format income statement and under the contribution format income statement should now be $700 and the contribution margin should now be $4,700. If you do not get these answers, find the errors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2 . Ready mannifacturing overheat. Licome statement formats for mamificturing companes will be explored ingreater tetail in a motrseynent chapter. Cont of goods sold - Heginnang merchandise inveniory + Rarchases - Fnding merchandise inventory =57.000+$3,000054.0000 =56.000 Required information The Chapter 1 Form worksheet is to be used to create your own worksheet version of Exhibit 1.7 in the text. 1. Now change all of the dollar amounts in the data area of your worksheet so that it fooks like this: If your formulas are correct, you should get the correct answers to the following questions. (a) What is the gross margin now? (b) What is the net operating income now? (b) What is the net operating income now? (c) What is the contribution margin now? 2. Suppose that sales are 1% higher as shown below: Enter this new data into your worksheet. Make sure you enter all of the new data - not just the sales. (a) What is the gross margin now? (b) What is the net operating income now? (a) What is the gross margin now? (b) What is the net operating income now? (c) What is the contribution margin now? (d) When sales increase by 1%, which of the following should also increase by 1% in a merchandising company? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Variable cost Fixed cost Gross margin Contribution margin Net operating income (e) When sales increase by 1%, which of the following should increase by more than 1% in a merchandising company? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Variable cost Fixed cost Gross margin Contribution margin Net operating income Required information The Chapter 1 Form worksheet is to be used to create your own worksheet version of Exhibit 17 in the text. Downioad the Applying Excel form and enter formulas in all cells that contain question marks. For example, in cell C18 enter the formula " = B6". After entering formulas in all of the cells that contained question marks, verify that the dollar amounts in both the traditional and contribution format income statements match the numbers in Exhibit 1-7. Check your worksheet by changing the variable selling cost in the Data area to $900, keeping all of the other data the same as in Exhibit 1-7. If your worksheet is operating properly, the net operating income under the traditional format income statement and under the contribution format income statement should now be $700 and the contribution margin should now be $4,700. If you do not get these answers, find the errors in your worksheet and correct them. Save your completed Applying Excel form to your computer and then upload it here by clicking "Browse." Next, click "Save." You will use this worksheet to answer the questions in Part 2 . Ready mannifacturing overheat. Licome statement formats for mamificturing companes will be explored ingreater tetail in a motrseynent chapter. Cont of goods sold - Heginnang merchandise inveniory + Rarchases - Fnding merchandise inventory =57.000+$3,000054.0000 =56.000 Required information The Chapter 1 Form worksheet is to be used to create your own worksheet version of Exhibit 1.7 in the text. 1. Now change all of the dollar amounts in the data area of your worksheet so that it fooks like this: If your formulas are correct, you should get the correct answers to the following questions. (a) What is the gross margin now? (b) What is the net operating income now? (b) What is the net operating income now? (c) What is the contribution margin now? 2. Suppose that sales are 1% higher as shown below: Enter this new data into your worksheet. Make sure you enter all of the new data - not just the sales. (a) What is the gross margin now? (b) What is the net operating income now? (a) What is the gross margin now? (b) What is the net operating income now? (c) What is the contribution margin now? (d) When sales increase by 1%, which of the following should also increase by 1% in a merchandising company? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Variable cost Fixed cost Gross margin Contribution margin Net operating income (e) When sales increase by 1%, which of the following should increase by more than 1% in a merchandising company? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Variable cost Fixed cost Gross margin Contribution margin Net operating income