Question: Section 3 is correct, please help with section 4 and 5 Todrlck Company Is a merchandlser that reported the followlng Informatlon based on 1,000 unlts

Todrlck Company Is a merchandlser that reported the followlng Informatlon based on 1,000 unlts sold: S lg,eeg s g, see s 11,aeg S 14,2sg s sl,eeg S 11, leg unit. mning iuentory Ending merchandise inventory Fixed selling e administrative e variable selling Variable administ Contribution Net operating Required: 1. Prepare a conmbutlon format Income statement 2 Prepare a tradltlonal format Income statement. 3. Calculate the selllng prlce per unlt_ 4. Calculate the varlable cost per unlt. 5. Calculate the conmbutlon margln per unlt. 28S,eeg 19e,eeg 6. Whlch Income statement format (tradltlonal format or contnbutlon format) would be more useful to managers In estlmatlng how net operatlng Income wlll change In response to changes In unr sales? Convlete this quesbon by entering your answes in Yve tabs Reg 3 to 5 3. calculate t 4. Calculate t 5. Calculate e lling pri per i.aSle per the m Selling peru 4. Variable # r unit. 285 27
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
