Edit View History Bookmarks Window Help G 0 ezto.mheducation.com https://learn-us-eas... Bb Syllabus - 2022 Fall... B https://learn-us-eas... Debora Pierre - Go. Do Homework - Sta. *Col This window shows your responses and what was marked correct and incorrect from your previous attempt. Exercise 1-11 (Algo) Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6] Harris Company manufactures and sells a single product. A partially completed schedule of the company's total costs and costs per unit over the relevant range of 66,000 to 106,000 units is given below: Required: 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below. 2. Assume that the company produces and sells 96,000 units during the year at a selling price of $7.35 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume that the company produces and sells 96,000 units during the year at a selling price of $7.35 per unit. Prepare a contribution format income statement for the year. Note: Round your intermediate calculations to 2 decimal places. Harris Company Contribution Format Income Statement Sales $ (705,600) x Variable expenses (230,400) Contribution margin 475,200 Fixed expense (340,000) Net operating income $ (135,200) X Required 1 Required 2 ... cricut cricut Y * # 0 28 LO CO CO O LUB https://learn-us-eas. Bo Syllabus - 2022 Fall. B https://learn-us-eas. Debora Pierre - Go. This window shows your responses and what was marked correct and incorrect fro Prepare a traditional format income statement for August. (A "Net operating loss" should be entered as a negativ Marwick's Pianos, Incorporated Traditional Income Statement For the Month of August Sales $ 140,800 Cost of goods sold (96,576) s awarded Gross margin 44,224 Scored Selling and administrative expenses: Selling expenses Advertising 970 Sales salaries and commissions 13,220 Delivery of pianos 3,840 Utilities 635 Depreciation of sales facilities 5,034 Total selling expenses 23,699 Administrative expenses: Sales salaries and commissions 13,524 Insurance 711 Clerical 4,760 Depreciation of office equipment 851 Total administrative expenses 19,846 Total selling and administrative expenses 43,545 Net operating loss X 679 : 3 0 4 12 esc # *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted. cricut cricut X esc * # m OR LO O C O LL I XFile Edit View History Bookmarks Window Help GO ezto.mheducation.com B https://learn-us-eas... Do Homework - Sta. *Cours B https://learn-us-eas.. Bb Syllabus - 2022 Fall... Debora Pierre - Go. This window shows your responses and what was marked correct and incorrect from your previous attempt. Exercise 1-15 (Algo) Traditional and Contribution Format Income Statements [LO1-6] The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount warded Sales $ 966, 000 Selling price per pair of skis $ 420 ored Variable selling expense per pair of skis $ 49 Variable administrative expense per pair of skis $ 16 Total fixed selling expense $ 140, 000 Total fixed administrative expense $ 100, 00 Beginning merchandise inventory $ 70, 000 Ending merchandise inventory $ 105, 000 Merchandise purchases $ 305 , 000 Required: 1. Prepare a traditional income statement for the quarter ended March 31 2. Prepare a contribution format income statement for the quarter ended March 31 3. What was the contribution margin per unit? Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31 The Alpine House, Incorporated Traditional Income Statement Sales 966,000 Cost of goods sold (270,000) Gross margin (696,000) X ... cricut cricut X esc 7 F10 * BN # m 08 LO O LU O O LL Iile Edit View History Bookmarks Window Help G ezto.mheducation.com Debora Pierre - Go. Do Homework - Sta. B https://learn-us-eas.. Bb Syllabus - 2022 Fall. B https://learn-us-eas. This window shows your responses and what was marked correct and incorrect from your previous atte Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a contribution format income statement for the quarter ended March 31. The Alpine House, Incorporated arded Contribution Format Income Statement Sales (966,000) X Variable expenses Cost of goods sold $ (270,000) Selling expenses (112,700) Administrative expenses (36,800) (419,500 Contribution margin O (546,500) x Fixed expenses: Selling expenses (140,000) Administrative expenses (100,000) (240,000) Net operating income (306,500) X cricut cricut # *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted. cricut cricut X esc * # m OR LO O C O LL I XG afari File Edit View History Bookmarks Window Help ezto.mheducation.com