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1. Trenton Inc. manufactures a single product. The following information is available for 2005: Number of units produced and sold 25,000 units Sales price per

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1. Trenton Inc. manufactures a single product. The following information is available for 2005: Number of units produced and sold 25,000 units Sales price per unit Variable manufacturing costs Variable selling and administrative costs $ 20 per unit $ 8 per unit $ 2 per unit Total fixed manufacturing costs Total fixed selling and administrative costs. $ 10,000 S 8.000 Required: A. Prepare a traditional format income statement (ignore taxes). B. Prepare a contribution margin format income statement (ignore taxes)

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