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Help Milden Company is a merchandiser that plans to sell 37,000 units during the next quarter at a selling price of $55 per unit. The

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Help Milden Company is a merchandiser that plans to sell 37,000 units during the next quarter at a selling price of $55 per unit. The company also gathered the following cost estimates for the next quarter Cost of good sold Advertising expense Sales commissions Shipping expense Administrative salaries Insurance expense Depreciation expense $27 per unit sold $184,000 per quarter 5% of sales $24,000 per quarter$5.00 per unit sold $94,000 per quarter $10,400 per quarter $64,000 per quarter Required: 1. Prepare a contribution format income statement for the next quarter 2. Prepare a traditional format income statement for the next quarter Complete this question by entering your answers in the tabs below format income statement for the next quarter. 1 of 7 Next > re to

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