Question: this question have required 1 and required 2 required 1 required 2 required 1 required 2 please lmk if this is clear. not sure why










Marwick's Pianos, Incorporated, purchases planos from a large manufacturer for an average cost of $1,519 per unit and then sells them to retall customers for an average price of $2,300 each. The company's selling and administrative costs for a typical month are presented below: Coets Cost Formula Selling: Advertising $952 per month Sales salaries and commissions $4,783 per month, plus 31 of tales Delivery of pianos to customers $60 per piano sold Utilities $568 per month Depreciation of sales facilities $4,968 per month Administrative: Executive salarios $13,409 per month Insurance $686 per month clerical $2,509 per month, pius $38 per piano sold Depreciation of office equipent $917 per month During August, Marwick's Pianos, Incorporated, sold and delivered 61 pianos, Required: 1. Prepare a traditional format income statement for August 2. Prepare a contribution format income statement for August. Show costs and revenues on both a total and a per unit basis down through contribution margin. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 1 Required 2 Prepare a traditional format income statement for August. (A "Net operating loss" should be entered as a negative number.) Marwick's Pianos, Incorporated Traditional Income Statement For the Month of August Selling and administrative expenses: Selling expenses: 0 Total selling expenses Administrative expenses: Check my work Selling and diverse Selinger Total Selling expert 0 Total administrative expenses Total selling and administrative expenses Required 1 Required 2 Prepare a contribution format income statement for August. Show costs and revenues on both a total and a per unit basis down through contribution margin. (A "Net operating loss should be entered as a negative number) Marwick's Planos, incorporated Contribution Format Income Statement For the Month of August Total Per Piano Variable expenses Total variable expenses Contribution margin Fixed expenses Variable expenses: 0 Total variable expenses Contribution margin Fixed expenses Total fixed expenses Check my work Marwick's Pianos, Incorporated, purchases planos from a large manufacturer for an average cost of $1,519 per unit and then sells them to retail customers for an average price of $2,300 each. The company's selling and administrative costs for a typical month are presented below Coute Cost Formula Selling Advytising 5952 per month saiba salaries and commissione 34,700 per month, plus of sales Delivery of planon to customers 560 per piano sold Ulties 1668 per month Depreciation of sale fatte 4, per month Administrative Executive salaries 113,40 per month Thearance 5686 per month Clerical $2,509 per month, plus 38 per plano sold Depreciation of office equipment 5917 per month During August, Marwick's Planos. Incorporated sold and delivered 61 planos Required: 1. Prepare a traditional format income statement for August 2. Prepare a contribution format income statement for August. Show costs and revenues on both a total and a per unit basis down a through contribution margin Complete this question by entering your answers in the tabs below. Required: Required 2 Pro 11 Score answer During August, Marwick's Pianos, Incorporated, sold and delivered 61 planos Required: 1. Prepare a traditional format income statement for August 2. Prepare a contribution format income statement for August. Show costs and revenues on both a total and a per unit basis down through contribution margin Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a traditional format income statement for August. (A "Net operating loss" should be entered as a negative number.) Marwick's Planos, Incorporated Traditional Income Statement For the Month of August Selling and administrative expenses: Selling expenses Marwick's Planos, Incorporated Traditional Income Statement For the Month of August ed Selling and administrative expenses Selling expenses ok + cos 0 Total selling expenses Administrative expenses: 10 Selling and administrative expenses: Selling expenses: 0 Total selling expenses Administrative expenses: 0 Total administrative expenses 0 Total selling and administrative expenses During August, Marwick's Pianos, Incorporated, sold and delivered 61 pianos. Required: 1. Prepare a traditional format income statement for August 2. Prepare a contribution format income statement for August. Show costs and revenues on both a total and a per unit basis down through contribution margin. Complete this question by entering your answers in the tabs below. Required 1 Required 2 es Prepare a contribution format income statement for August. Show costs and revenues on both a total and a per unit basis down through contribution margin. (A "Net operating loss should be entered as a negative number.) Marwick's Pianos, Incorporated Contribution Format Income Statement For the Month of August Total Per Piano Variable expenses Prav 1 of 1 88 Score answer > Marwick's Pianos, Incorporated Contribution Format Income Statement For the Month of August Total Per Piano Variable expenses: + 0 Total variable expenses Contribution margin Fixed expenses: Prey 1 of 1 . Sco 0 0 Total variable expenses Contribution margin Fixed expenses: Total fixed expenses 0
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