HW Seved 2 Todrick Company is a merchandiser that reported the following information based on 1,000 units sold Help Save & Exit Submit Check my work Salon 5 Deginning merchandise inventory Purchases points eBook Het References Ending merchandise inventory Fixed selling expense Fixed administrative expense Variable selling expense Variable administrative expense Contribution margin Net operating income Required: 1. Prepare a contribution format income statement. 2. Prepare a traditional format income statement. 3. Calculate the selling price per unit. 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit $400,000 $ 32,000 $320,000 $16,000 $19,200 $ 24,000 7 $ 96,000 20,00 6. Which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in response to changes in unit sales? Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req 3 to 5 Req 6 Prepare a contribution format income statement. Todrick Company HW 1 2 5 points DEVAMI TUSHUNANZD NZD IMS.mheducation.com%252Fmghmiddlew Update Help Save & Exit Submit Check my work Complete this question by entering your answers in the tabs below. Req 1 Red 2 Req 3 to 5 Reg 6 Prepare a contribution format income statement. Todrick Company Contribution Format Income Statement PE Variable expenses Suberances Fixed expenses Req2> HW10 2 Complete this question by entering your answers in the tabs below. 5 points Ive References Req I Req 2 Req 3 to 5 Req6 Prepare a traditional format income statement Todrick Company Traditional Income Statement Selling and administrative expenses 0 Help Save & Exit Submit 10 Check my work 2 5 points 4. Calculate the variable cost per unit 5. Calculate the contribution margin per unit. 6. Which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in response to changes in unit sales? Complete this question by entering your answers in the tabs below. look Req 1 Req 2 Req 3 to 5 Req 6 Hirt Prot 3. Calculate the selling price per unit. 4. Calculate the variable cost per unit. References 5. Calculate the contribution margin per unit. 3. Selling price per unit 4. Variable cost per unit 5. Contribution margin per unit Check my work 10 HW16 Saved Help Save & Exit Submit 2 5 points PIN a Con una cop 2. Prepare a traditional format income statement 3. Calculate the selling price per unit. 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit. 6. Which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in response to changes in unit sales? book Complete this question by entering your answers in the tabs below. H Pret Req 1 Req 2 Req 3 to 5 Req 6 References Which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in response to changes in unit sales? OTraditional income statement Contribution income statement