A B C 13 Enter a formula into each of the cells marked with a ? below Exhibit 1-7 Traditional Format Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling Administrative Net operating income Contribution Format Income Statement Sales Variable expenses: Cost of goods sold Variable selling Variable administrative Contribution margin Fixed expenses: Fixed selling Fixed administrative Net operating income \begin{tabular}{|l|l|} \hline & ? \\ \hline? & \\ \hline? & \\ \hline? & ? \\ \hline & ? \\ \hline? & \\ \hline? & ? \\ \hline & ? \\ \hline \end{tabular} A B C 13 Enter a formula into each of the cells marked with a ? below Exhibit 1-7 Traditional Format Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling Administrative Net operating income Contribution Format Income Statement Sales Variable expenses: Cost of goods sold Variable selling Variable administrative Contribution margin Fixed expenses: Fixed selling Fixed administrative Net operating income \begin{tabular}{|l|l|} \hline & ? \\ \hline? & \\ \hline? & \\ \hline? & ? \\ \hline & ? \\ \hline? & \\ \hline? & ? \\ \hline & ? \\ \hline \end{tabular}