2 (Chapters 4-6) 1 Jay Corporation has decided to prepare contribution income statements for internal planning. 2 3 Budgeted information for Quarter 1 of Year 3: 345 Sales in units Sales price per unit 17,000 $ 48.00 6 7 After analyzing expenses, the company has determined the following cost patterns. 8 Variable Cost of Goods Sold (per unit) $ 29.00 96 Sales Commissions (per dollar of sales) 9.50% 10 11 Fixed Manufacturing Overhead (per quarter) $ 45,000.00 12 Administrative Salaries (per quarter) $ 27,000.00 $ 36,000.00 13 Depreciation Expense (per quarter) 14 15 Shipping Cost has been determined to be mixed with the following costs for the past two years: 16 17 Year 1 Total Cost Units 18 Quarter 1 $ 67,000.00 12,500 19 Quarter2 $ 94,000.00 21,000 20 Quarter 3 $ 89,800.00 13,800 21 Quarter 4 $ 92,600.00 20,000 22 Year 2 22 23 Quarter 1 $ 72,500.00 13,700 24 Quarter2 $ 80,000.00 14,000 2 of 3 Novt