Problem 2-25 J Bramble, Ltd. is a local coat retailer. The store's accountant prepared the following income statement for the month ended January 31: Sales revenue $ 790,000 336,000 Cost of goods sold 454,000 Gross margin Operating expenses Selling expense Administrative expense $ 24,840 49,860 74,700 $ 379,300 Net operating income Bramble 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. * Your answer is incorrect. Try again. Prepare a contribution format income statement for January. (Round per unit cost to 2 decimal places, e.g. 52.75 and all other answers to 0 decimal places, e.g. 5,275.) Per Unit Cost of Goods Sold x X $ X Ortodon 8 UUUUU S $ * Your answer is incorrect. Try again. Using the format y = mx + b, develop a cost formula for total expenses. (Round unit cost to 2 decimal places, e.g. 52.75 and all other answers to 0 decimal places, e.g. 5,275.) x 125.33 14660 Operating expenses = X + $ SHOW SOLUTION LINK TO TEXT LINK TO TEXT LINK TO VIDEO LINK TO VIDEO Your answer is incorrect. Try again. If 3,000 coats are sold next month, what is the expected total contribution margin? (Round answer to 0 decimal places, e.g. 5,275.) 374010 Contribution margin $. Click if you would like to Show Work for this question: Open Show Work