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ezto.mheducation.com l3; E E Case Study 13- Cost Classication 0 Saved Help Save a. Exlt Submlt 2 w The following cost data pertain to the operations of Montgomery Department Stores, Inc.. for the month of July. Corporate legal office salaries $ 65,600 Apparel Department cost of salesEvendale Store 3 107,100 Corporate headquarters building lease 3 58,600 Store manager's salaryEvendale Store as 19,900 Apparel Department sales commissionEvendale Store 3 11,600 Store utilitiesEvendale Store $ 12,200 El Apparel Department manager's salaryEvendale Store $ 8,050 eook Central warehouse lease cost $ 24,600 Janitorial costs-Evendale Store as 11,500 The Evendale Store is just one of many stores owned and operated by the company. The Apparel Department is one of many departments at the Evendale Store. The central warehouse serves all of the company's stores. Required: 1. What is the total amount of the costs listed above that are direct costs of the Apparel Department? 2. What is the total amount of the costs listed above that are direct costs of the Evendale Store? 3. What is the total amount of the Apparel Department's direct costs that are also variable costs with respect to total departmental sales? . Total direct costs for the Apparel Department 2' Total direct costs for the Evendale Store 3' Total direct costs for the Apparel Department that are also variable oosts MC III 5'\" ezto.mheducation.com E E Case Study 13 Cost Classication 0 Saved Help Save a. em Submlt 3 w Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales $ 270,000 Beginning merchandise inventory $ 18,000 Purchases $ 180,000 Ending merchandise inventory is 9,000 Fixed selling expense S '! Fixed administrative expense $ 10,800 El Variable selling expense $ 13,500 eook Variable administrative expense $ '1 Contribution margin $ 54,000 Net operating income $ 16,200 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. 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 responses to changes in unit sales? annplete this questlon Ivy entering your inner: In the the below. Req 1 Reg 2 Req 3 to 5 Req 6 Prepare a contrlbutlon format Income statement. Variable expenses: M cfaw ( Prev 3 of 5 "' Next ) ezto.mheducation.com My eBay Purchase History Topic: Week 2 Class Discussion: Our T... (7,761 unread) - willjustinadams@yaho.. Your session has expired. Connect Homework Help - Q&A from Online Tu... + Case Study 1B- Cost Classification i Saved Help Save & Exit Submit Check my work 3 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 responses to changes in unit sales? 01:31:37 Complete this question by entering your answers in the tabs below. eBook Req 1 Req 2 Req 3 to 5 Req 6 Prepare a contribution format income statement. Hint Todrick Company Contribution Format Income Statement Variable expenses Fixed expenses: Mc Graw Hill Educationezto.mheducation.com My eBay Purchase History Topic: Week 2 Class Discussion: Our T... (7,761 unread) - willjustinadams@yaho. Your session has expired. Connect Homework Help - Q&A from Online Tu... + Case Study 1B- Cost Classification i Saved Help Save & Exit Submit Check my work 3 1. Fiepare a CUIILIULUII TUITTALICUITIE 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. 01:31:33 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 responses to changes in unit sales? Complete this question by entering your answers in the tabs below. eBook Req 1 Req 2 Req 3 to 5 Req 6 Hint Prepare a traditional format income statement. Todrick Company Traditional Income Statement Selling and administrative expenses Req 1 Req 3 to 5 > Mc Graw Hill EducationM Q ,_ eztomheducatiomcom g 6' ' o ' ' ] ' l Case Study 13- Cost Classication 0 Saved Help Save 3. Exit Submit w 3 Net operatmg 1ncnme $ 1D,UU 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 El 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 responses to changes in unit sales? @ Complete this qu-tlon by emerIng your lumen In the labs below. Reg 1 Req 2 Req 6 3. Calculate the selling price per unit. 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit. r Selling price per unit 4' Variable cost per unit 5. Contribution margin per unit D 0 i ezto.mheducation.com 'o' iil' Case Study IB- Cost Classication 0 Saved Help Save 3. Exit Submit w Fixed administrative expense $ 10,800 Variable selling expense $ 13,500 Variable administrative expense is 7 Contribution margin $ 54,000 $ Net operating income 16,200 Required: 1. Prepare a contribution format Income statement. 2. Prepare a tradltlonal format Income statement. El 3. Calculate the selling price per unit. eBook 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit. a 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 responses to changes in unit sales? Complete this questlon by enterlng your answers In the tabs below. Reg 1 Reg 2 Reg 3 to 5 Reg 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 responses to changes in unit sales? OTradilional income slatement OContribution income statement