Marion Corporation manufactures disposable thermometers that are sold to hospitals through a network of independent Sales agents located in the United States and Canada. These sales agents sell a variety of products to hospitals in addition to Mastopomote the sales agents are currently pod an 17% commission on Sales and this commission was used as management prepared the following budgeted absorption income statement for the upcoming year Marston Corporation Budgetdin Statement $ 32.000.000 Sales Cost of goods sold Variable Fored $17.500.000 2.750.000 20 250.000 11 750 000 Gross margin Soling and administrative expenses Commission Fird advertising expense Fortive pense 5.410.000 730.000 3.000.000 9.170.000 Net operating income $ 2.580.000 Since the contion of the above statement, Matsions management has thod that the independe Sales agents are demanding an increase in the common 99 for the upcoming year The would be the fincase in commissions demanded by the independents and inter Actor Marston management has decided to invest the possibly ofw sales to be replace the indipendent sales agents Mestos controlero the company have to salespooccorrect market and the total payroll cost of these employees about 60.000 de trigo Dents The cope will also be pad commissions of 10 of Travel and event de expected to fotbout 5360 000 for the year The company who have the manager and support of whose sales and ingebots will come to $170.000 per om for the promotions that the independent agension turning on beharrestohet Ders that the corporis budget for diversos cochod bence by S410.000 Required 1. Asta $2.000.000 construct a budget conformation statement for the coming year for each of the flowing internatives The des consomhetsingut amounts as positive values except losses which should be indicated by a sign Leave a cells blank tuled Entented Round O BI Required: 1. Assuming sales of $32,000,000, construct a budgeted contribution format income statement for the upcoming yoar for each of the following alternatives a. The independent sales agents commission rate remains unchanged at 17% (Input all amounts as positive values except losses which should be indicated by a minus sign. Leave no cells blank -be certain to enter "0" wherever required. Enter your answers in thousands. Round your percentage answers to the nearest Whole percent.) Click to sect) Variable expenses (Click to select) (Click to select) Total Vatable expenso (Click to select) Fixed expenses Click to select) (Click to select) (Click to select) (Click to select) * * * Total Boxed expenses Click to select) b. The independent sales agents commission rate increases to 10% (input alt amounts as positive values except losses which should be indicated by a minus sign. Leave no cells blank be certain to enter" wherever required Enter your answers in thousands. Round your percentage answers to the nearest whole percent) Click to select o ORI E b. The independent sales agents commission recreases to 19%(Input all amounts as positive values except losses which should be indicated by a minus sign Leave no cells blank.be certain to enter "o" wherever required. Enter your answers in thousands. Round your percentage answers to the nearest whole percent) Click to solo Vanable compenses Click to select Click to sole Total variable expense (Click to select) Fored expenses Cick to solo Click to select Cack to Click tooted Totted expenses (Closed The company toys was once autant plus caption which should be indicated by a mine cellan.berto enter wherever required. Enter your in the Round your percentage answers to the nearest whole percent) faktor cos a O c. The company employs its own sales force (Input all amounts as positive values except losses which should be indicated by a minus sign. Leave no cells blank.be certain to enter "O" wherever required. Enter your answers in thousands. Round your percentage answers to the nearest whole percent.) (Click to select) Variable expenses (Click to select) (Click to select)