Question: Chapter 01 Pre-Built Problems 4 Milden Company is a merchandiser that plans to sell 39,000 units during the next quarter at a selling price of


Chapter 01 Pre-Built Problems 4 Milden Company is a merchandiser that plans to sell 39,000 units during the next quarter at a selling price of $55 per unit. The company also gathered the following cost estimates for the next quarter: Doint cost Cost of good sold Advertising expense Sales commissions Shipping expense Administrative salaries T rance expense Depreciation expense Cost Formula $28 per unit Bold $185,000 per quarter 68 of sales $51,000 per quarter + $4.00 per unit sold $95,000 per quarter $10.500 per quarter $65,000 per quarter Required: 1. Prepare a contribution format income statement for the next quarter. 2. Prepare a traditional format income statement for the next quarter. Print References Complete this question by entering your answers in the tabs below. Required: Required 2 Prepare a contribution format income statement for the next quarter. Milden Company Contribution Format Income Statement For the Next Quarter Variable expenses: Total anable expenses Chapter 01 Pre-Built Problems 4 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution format income statement for the next quarter. Milden Company Contribution Format Income Statement For the Next Quarter Variable expenses Tov Contribution margin Fixed expense Total fled expenses
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