1. Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales $ 300,00 0 Beginning merchandise inventory $ 20,000 Purchases $ 200,00 Ending merchandise inventory $ 7,000 Fixed selling expense $ Fixed administrative expense $ 12,000 Variable selling expense $ 15,000 Variable administrative expense $ ? Contribution margin $ 60,000 Net operating income $ 18,000 Required: 1. Prepare a contribution format income statement. 2. Prepare a traditional format income statement. 3. Calculate the selling price per unit. 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit