3 Marwicks Planos, Incorporated, purchases planos from a large man facturer for an average cost of $1,196 per unit and then sells them to retall customers for an average price of $3,000 each. The company's selling and administrative costs for a typical month are presented below: 6.25 points ok 11 Print Cuss Ci Fura Selling: Adver Liviu 5937 per month Sule 54,314 per month, plus 55 ulu. Delivery ul Wiju Lu Lulur $53 pur pullu sulu u.ilili $842 per Dupruciulion ol bulus facilities $4,054 pr murith Auminis ruliver ExecuLive bularie! $13,572 per nunch Lissur RCC $711 per month Clerical $2,534 per month, plus $44 per piano solo Depreciation of ottice cquipment $897 per inonth During August, Marwick's Plarios, Incorporated, solut and delivered 64 planos References Required: 1 l'epate claditional lose income slelement to August 2. I'repare a contribution format Income statement for August. Show costs and revenues on both a total and a per unit basis down through contribution margin. 3 Total Per Piano 6.25 po Sales Variable expenses Clinical Sales sales and commissions Delivery of planos Cost of goods sold 0 Total variable expenses Contribution margin Advertising Depreciation of sales facilities Executive salaries Insurance Depreciation of office equipment Clerical Sales salaries and commissions Totalced expenses Det operating incom