HW-CH-1

Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Required: 1. Prepare a contribution format incone statement 2. Prepare a traditional format income statement. 3. Calculate the selling price per unit. 4 Calculate the variable cost per unat 5 Calculate the contribution margin per unit 6. Which income stotement format (traditional format or contritsution formar) would be more usefua 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 tats below. Fiegare a contribution format income statement. 6. Which income statement format (traditional format or contribution format) would be more useful to managers in estimating operating income will change in response to changes in unit sales? Complete this question by entering your answers in the tabs below. 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. 6. Which income statement format (traditional format or contribution format) would be more useful to managers in estimating hov operating income will change in response to changes in unit sales? Complete this question by entering your answers in the tabs below. Prepare a traditional format income statement. 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. 6. Which income statement format (traditional format or contribution format) wo/d 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. 3. Carculate the selling price per unit. 4. Calculate the variable cost per unit. 5. Calcatate the contribution margin per unit. 1. Prepare a contribution format income statement. 2. Prepare a traditional format income statement: 3. Calculate the seling price per unit. 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit 6. Which income statemient 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 enterimg your answers in the tabs below. 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