5 Todrick Company is a merchandiser that reported the following information based on 1,000 units sold 167 points Sales Beginning merchandise inventory Purchases Ending merchandise inventory Fixed selling expense Fixed administrative expense Variable selling expense Variable administrative expense Contribution margin Net operating income $ 405.000 $ 27.000 $ 270,000 $ 13,500 S ? $ 16,200 5 20,250 5 ? $ 81,000 $ 24,300 ebook References 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 6. Which income statement format (traditional format or contribution format would be more useful to managers in estimating how net operating income will change in responses to changes in unit sales? Chei UT Prepare a contribution format income statement. Todrick Company Contribution Format Income Statement 16.7 points Variable expenses eBook Print References Fixed expenses 5 Req 1 Reg 2 Reg 3 to 5 Req6 Prepare a traditional format income statement. 16.7 points Todrick Company Traditional Income Statement eBook Print References Selling and administrative expenses: C 5 Reg 1 Reg 2 Reg 3 to 5 Reg 6 16.7 points 3. Calculate the selling price per unit. 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit. Book Print 3. Selling price per unit 4. Variable cost per unit 5. Contribution margin per unit References Check my won Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req 3 to 5 Req 6 L Which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in responses to changes in unit sales? Book Print Traditional income statement Contribution income statement rences