examination.xuetangx.com B C + 88 Management Accounting XELE13 5 iit 01:55:52 *FF > > 0 /16RX 1 1 15. EXAR (145) 3. Japan Tobacco has always prepared traditional income statements. The following 2 information is from the budget for the month of December: Direct labor and materials $1.50 per pack Variable overhead $0.50 per pack 3 Fixed overhead $5,000 Variable selling and administrative expenses $0.20 per unit Fixed selling and administrative expenses $1,000 4 The company expects to produce 15,000 packs of tobacco and sell 9,000 packs at $5 each. Prepare the company's income statement in traditional format and contribution 5 margin format. 6 7 8 9 10 iDORJI+ (J1 151 1814 , X147 3 10OM) (