M https://mym x Content X M Question 4 X C HOMEWORK X C I need help X 165291422 X QuillBot For X QuillBot: Al X ParaphrasingGoogle Trar X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... L G Gmail Plan & Schedule C... Translate FSA Home | Federal St... |MU M https://mymu.mar... CMS: programma... > Core Curriculum C... ACC BIOLOGY . iN... Thank You! - Pape.. Chapter 1 Homework i Saved Help Save & Exit Submit Check my work Marwick's Pianos, Inc., purchases pianos from a large manufacturer for an average cost of $1,490 per unit and then sells them to retail customers for an average price of $2,800 each. The company's selling and administrative costs for a typical month are presented below: 1.25 Costs Cost Formula points Selling : Advertising $966 per month Skipped Sales salaries and commissions $4, 814 per month, plus 3% of sales Delivery of pianos to customers $63 per piano sold Utilities $640 per month Depreciation of sales facilities $4, 944 per month eBook Administrative : Executive salaries $13, 574 per month Print Insurance $711 per month Clerical $2,507 per month, plus $43 per piano sold References Depreciation of office equipment $852 per month During August, Marwick's Pianos, Inc., sold and delivered 60 pianos. Required: 1. Prepare a traditional format income statement for August. 2. Prepare a contribution format income statement for August. Show costs and revenues on both a total and a per unit basis down through contribution margin. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a traditional format income statement for August. (A "Net operating loss" should be entered as a negative number.) Marwick's Pianos, Inc. Traditional Income Statement Mc Graw HillM https://mym x Content X M Question 4 X C HOMEWORK X C I need help X 165291422 X QuillBot For X QuillBot: Al X Paraphrasingoogle Trar X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... L G Gmail Plan & Schedule C... Translate FSA Home | Federal St... |MU M https://mymu.mar... CMS: programma... > Core Curriculum C... ACC BIOLOGY . iN... Thank You! - Pape... Chapter 1 Homework i Saved Help Save & Exit Submit Check my work 4 Required 1 Required 2 1.25 Prepare a traditional format income statement for August. (A "Net operating loss" should be entered as a negative number. ) points Marwick's Pianos, Inc. Skipped Traditional Income Statement For the Month of August eBook Print References Selling and administrative expenses: Selling expenses: Total selling expenses 0 Administrative expenses: Mc Graw HillM https://mym x Content X M Question 4 X C HOMEWORK X C I need help X 165291422 X QuillBot For X QuillBot: Al X ParaphrasingGoogle Trar X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... L G Gmail Plan & Schedule C... Translate FSA Home | Federal St... |MU M https://mymu.mar... CMS: programma... > Core Curriculum C... ACC BIOLOGY . iN... Thank You! - Pape... Chapter 1 Homework i Saved Help Save & Exit Submit Check my work 4 Prepare a contribution format income statement for August. Show costs and revenues on both a total and a per unit basis down through contribution margin. (A "Net operating loss" should be entered as a negative number.) Marwick's Pianos, Inc. 1.25 Contribution Format Income Statement points For the Month of August Skipped Total Per Piano Variable expenses: eBook Print References Total variable ex Contribution margin Fixed expenses Mc Graw HillM https://mym x Content X M Question 4 X C HOMEWORK X C I need help X 165291422 X QuillBot For X QuillBot: Al X Paraphrasingoogle Trar X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... L G Gmail Plan & Schedule C... Translate FSA Home | Federal St... MU M https://mymu.mar.. CMS: programma... > Core Curriculum C... ACC BIOLOGY . iN... Thank You! - Pape... Chapter 1 Homework i Saved Help Save & Exit Submit Check my work 4 Total Per Piano Variable expenses: 1.25 points Skipped eBook Total variable expenses o Print Contribution margin References Fixed expenses: Total fixed expenses 0 Mc Graw