In April, Holderness Inc., a merchandising company, had sales of $316,000, selling expenses of $23,500, and administrative expenses of $34,500. The cost of merchandise purchased during the month was $174,000. The beginning balance in the merchandise Inventory account was $43,500 and the ending balance was $57,500. Required: Prepare a traditional format Income statement for April. Holderness Inc. For the month of April Traditional Format Income Statement Selling and administrative expenses: S Learned Corporation has provided the following Information: Cost per Period Cost per Unit $ 5.20 $ 3.7e $ 1.30 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 33,750 $ 0.60 $ 2.50 $ 11, 250 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 7,500 units? . For financial reporting purposes, what is the total amount of perlod costs incurred to sell 7,500 units? c. If the selling price is $22.70 per unit, what is the contribution margin per unit sold? (Round your answer to 2 decimal places.) d. If 8,500 units are produced, what is the total amount of direct manufacturing cost Incurred? e. If 8,500 units are produced, what is the total amount of Indirect manufacturing costs incurred? a. Total product (manufacturing) cost b. Total period (nonmanufacturing) cost Contribution margin per unit Total direct manufacturing cost e. Total indirect manufacturing cost c. d