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Fanell Corporation, a merchandising company, reported the following results for July Number of units sold Selling price per unit Unit cost of goods sold Variable

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Fanell Corporation, a merchandising company, reported the following results for July Number of units sold Selling price per unit Unit cost of goods sold Variable selling expense per unit Total fixed selling expense Variable administrative expense per unit Total fixed administrative expense 6,200 S600 $414 $52 $125,700 S30 $207,600 Cost of goods sold is a variable cost in this company. Required: a. Prepare a traditional format income statement for July b. Prepare a contribution format income statement for July Complete this question by entering your answers in the tabs below Required A Required B Prepare a traditional format income statement for July For the month of July e" #: Traditional Income Statement Seling and administrative expenses Required B > 1 of 5

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