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Just wondering if this is right ? Fanelli Corporation, a merchandising company, reported the following results for July: Number of units sold Selling price per

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Fanelli Corporation, a merchandising company, reported the following results for July: Number of units sold Selling price per unit Unit cost of goods sold Variable selling expense per unit Total fixed selling expense Variable administrative expense per unit Tota fixed administrative expense 5,300 $ 600 s 405 $ 56 $124,800 26 $206,700 Cost of goods sold is a variable cost in this company. Required: a. Prepare a traditional format income statement for July b. Prepare a contribution format income statement for July. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a traditional format income statement for July

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