Fanelli Corporation, a merchandising company, reported the following results for July:

^^^please check my answers and is the 875,300 called accounts payable, accounts receivable, admin expense, cash, cost of goods sold, manufacturing overhead, sales, or selling expense??

^^^please check my numbers and what is 3156300 and 333500 numbers called? options same as part A.

Fanelli 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 6,300 $ 610 $ 415 54 $125,800 32 $207,700 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. Required A Required B Prepare a traditional format income statement for July. Fanelli Corporation For the month of July Traditional Income Statement Sales $ 3,843,000 2,614,500 1,228,500 Cost of goods sold Gross margin Selling and administrative expenses: Selling expense Administrative expense $ 466,000 409,300 875,300 353,200 Net operating income $ Required A Required B Prepare a contribution format income statement for July. Fanelli Corporation For the month of July Contribution Format Income Statement Sales $ 3,843,000 $ Variable expenses: Cost of goods sold Selling expense Administrative expense 2,614,500 340,200 201,600 3,156,300 686,700 Contribution margin Fixed expenses: Selling expense Administrative expense $ 125,800 207,700 333,500 353,200 Net operating income $