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Managerial Accounting (ACC-2220) NEED ANSWER ASAP Please provide answer in the format as shown in the photos Marwick's Pianos, Incorporated, purchases pianos from a large

Managerial Accounting (ACC-2220)
NEED ANSWER ASAP
Please provide answer in the format as shown in the photos
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image text in transcribed
image text in transcribed
image text in transcribed
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Marwick's Pianos, Incorporated, purchases pianos from a large manufacturer for an average cost of $1,506 per unit and then selis then 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 During August, Marwick's Pianos, Incorporated, sold and delivered 59 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. Prepare a traditional format income statement for August. (A "Net operating loss" should be entered as a negative number.) 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.)

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