Marwick's Pianos, Inc., purchases pianos from a large manufacturer for an average cost of $1,500 per unit and then sells them to retall customers for an average price of $2 200 each. The company's selling and administrative costs for a typical month are presented below Cost Formula Selling: Advertising Sales salaries and commissions Delivery of pianos to customers Utilities $942 per month $4,796 per month, plus 5% of sales $61 per piano sold $641 per month Book Depreciation of sales facilities$5,032 per month Administrative: Executive salaries $13,566 per month $789 per month $2,494 per month, plus $44 per piano sold $923 per month Prine Insurance Clerical Depreciation of office equipment ferences During August, Marwick's Pianos, Inc, sold and delivered 62 pianos. Required: 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 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.) Contribution Format Incorne Statement For the Month of Augus Required 1 Required 2 Prepare a traditional format income statement for August. (A "Net operating loss" should be entered as a negative number.) Traditional Income Statement For the Month of Book Selling and administrative experses Prim Selling expenses eferences Total selling expenses Administrative expenses Total adeministralive Total selling and administrative expenses Required 2 Prev2 of 5 2 Required 1 Required 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. (A "Net operating loss" should be entered as a negative number.) s Pianos, Inc. oints Contribution Format Income Statement For the Month of August Total Per Piano Variable expenses Print References Total variable expenses Contribution margin Fixed expenses Total fxed expenses