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3 2.94 painte Miler Company's total sales are $147,000 The company's direct labor cost is $17640, which represents 30% of its total conversion cost and

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3 2.94 painte Miler Company's total sales are $147,000 The company's direct labor cost is $17640, which represents 30% of its total conversion cost and 40% of its total prime cost. Its total selling and administrative expense is $22,050 and its only variable selling and administrative expense is a sales commission of 5% of sales. The company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. Required: 1 What is the total manufacturing overhead cost? 2. What is the total direct materials cost? 3. What is the total manufacturing cost? 4. What is the total variable selling and administrative cost? 5. What is the total variable cost? 6. What is the total fixed cost? 7. What is the total contribution margin? Print References 1 Total manufacturing overhead cost 2 Total direct materials cost 3 Total manufacturing cost 4 Total variable selling and administrative cost 5 Total variable cost 6 Total food cost Total contribution margin Marwick's Pianos. Inc., purchases planos from a large manufacturer for an average cost of $1,516 per unit and then sells them to retail customers for an average price of $2,000 each. The company's selling and administrative costs for a typical month are presented below. Cost Formula Costs Selling: Advertising Sales salaries and conmissions Delivery of pianos to customers Utilities Depreciation of sales facilities Administrative: Executive salaries Insurance Clerical Depreciation of office equipment $956 per month 34,775 per month, plus 3% of sales 560 per piano sold 5644 per month $4,985 per month $13,409 per month $686 per month $2,469 per month, plus 541 per piano sold $933 per month During August, Marwick's Pianos, Inc., sold and delivered 56 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 "Het operating loss" should be entered as a negativa number) Marwick's Pianos, Inc. Traditional Income Statement For the Month of August

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