Marwick's Pianos, Inc Traditional Income Statement For the Month of August Sales ( pianos $ per piano) Cost of goods sold pianos x $ per piano) Gross margin Selling and administrative expenses Selling expenses Advertising Sales salaries and commissions $ 0 X $ Delivery of pianos ( pianos x $ per piano) Utilities Depreciation of sales facilities Total selling expenses Administrative expenses Executive salaries Insurance Clerical $ ( pianos x $ per piano) Depreciation of office equipment Total administrative expenses Total selling and administrative expenses Net operating income Marwick's Pianos, Inc Contribution Format Income Statement For the Month of August Per Total Piano Sales pianos x $ per piano Variable expenses Cost of goods sold pianos x $ per piano) Sales commissions ( x $ Delivery of pianos pianos x $ per piano) Clerical ( pianos x $ per piano) Total variable expenses Contribution margin Fixed expenses Advertising Sales salaries Utilities Depreciation of sales facilities Executive salaries Insurance Clerical Depreciation of office equipment Total fixed expenses Net operating income Marwick's Pianos, Inc Traditional Income Statement For the Month of August Sales ( pianos $ per piano) Cost of goods sold pianos x $ per piano) Gross margin Selling and administrative expenses Selling expenses Advertising Sales salaries and commissions $ 0 X $ Delivery of pianos ( pianos x $ per piano) Utilities Depreciation of sales facilities Total selling expenses Administrative expenses Executive salaries Insurance Clerical $ ( pianos x $ per piano) Depreciation of office equipment Total administrative expenses Total selling and administrative expenses Net operating income Marwick's Pianos, Inc Contribution Format Income Statement For the Month of August Per Total Piano Sales pianos x $ per piano Variable expenses Cost of goods sold pianos x $ per piano) Sales commissions ( x $ Delivery of pianos pianos x $ per piano) Clerical ( pianos x $ per piano) Total variable expenses Contribution margin Fixed expenses Advertising Sales salaries Utilities Depreciation of sales facilities Executive salaries Insurance Clerical Depreciation of office equipment Total fixed expenses Net operating income

Question

Marwick's Pianos, Inc  Traditional Income Statement For the Month of August       Sales ( pianos $ per piano)   Cost of goods sold pianos x $ per piano)  Gross margin      Selling and administrative expenses  Selling expenses  Advertising      Sales salaries and commissions $  0   X $ Delivery of pianos ( pianos x $ per piano)   Utilities     Depreciation of sales facilities            Total selling expenses  Administrative expenses  Executive salaries          Insurance Clerical  $   ( pianos x $ per piano)    Depreciation of office equipment  Total administrative expenses           Total selling and administrative expenses   Net operating income           Marwick's Pianos, Inc  Contribution Format Income Statement For the Month of August Per Total Piano Sales pianos x $ per piano  Variable expenses  Cost of goods sold pianos x $ per piano) Sales commissions (   x $           Delivery of pianos pianos x $ per piano)  Clerical ( pianos x $ per piano)          Total variable expenses            Contribution margin                                            Fixed expenses  Advertising                                           Sales salaries                                            Utilities                                                             Depreciation of sales facilities                           Executive salaries                       Insurance                     Clerical                                      Depreciation of office equipment      Total fixed expenses                         Net operating income       Marwick's Pianos, Inc  Traditional Income Statement For the Month of August       Sales ( pianos $ per piano)   Cost of goods sold pianos x $ per piano)  Gross margin      Selling and administrative expenses  Selling expenses  Advertising      Sales salaries and commissions $  0   X $ Delivery of pianos ( pianos x $ per piano)   Utilities     Depreciation of sales facilities            Total selling expenses  Administrative expenses  Executive salaries          Insurance Clerical  $   ( pianos x $ per piano)    Depreciation of office equipment  Total administrative expenses           Total selling and administrative expenses   Net operating income           Marwick's Pianos, Inc  Contribution Format Income Statement For the Month of August Per Total Piano Sales pianos x $ per piano  Variable expenses  Cost of goods sold pianos x $ per piano) Sales commissions (   x $           Delivery of pianos pianos x $ per piano)  Clerical ( pianos x $ per piano)          Total variable expenses            Contribution margin                                            Fixed expenses  Advertising                                           Sales salaries                                            Utilities                                                             Depreciation of sales facilities                           Executive salaries                       Insurance                     Clerical                                      Depreciation of office equipment      Total fixed expenses                         Net operating income

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Marwick's Pianos, Inc. Traditional Income Statement For the Month of August : . . Sales ( pianos $ per piano).. Cost of goods sold pianos

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