ectmheducat htm 1 Problems Todrick Company is a merchandiser that reported the folowing information based on 1,000 units solkt $300,09 Beginning merchandise inventory 5 200,008 Ending merchandise inventory Fixed selling expense Fixed adainistrative expense Variable selling expense Variable administrative expense Contribution mrgin Net operating income $7,80 $ 12,000 5 15,000 60,00e 18,009 es 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. Which Income statement format operating income will change in responses to changes in unit sales? traditional format or contribution format) would be more useful to managers in estimating how net Complete this question by entering your answers in the tabs below Reg 1 Req 2Reg 3 to 5Reg 6 Prepare a contribution format income statement Todrick Company Pre 2 of 3 Next >