Milden Company is a merchandiser that plans to sell 41,000 units during the next quarter at...

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Milden Company is a merchandiser that plans to sell 41,000 units during the next quarter at a selling price of $66 per unit. The company also gathered the following cost estimates for the next quarter. Cost Cost of good sold Advertising expense Sales commissions Shipping expense Administrative salaries Insurance expense Depreciation expense Required: Cost Formula $33 per unit sold $189,000 per quarter 6% of sales $39,000 per quarter +$4.00 per unit sold $99,000 per quarter $10,900 per quarter $69,000 per quarter 1. Prepare a contribution format income statement. 2. Calculate the Ratio for Total Variable expenses and Total Contribution Margin 3. Calculate the Ratio for the PER UNIT variable expense and contribution margin amounts Round all answers to 2 decimal places Ratio Ratio Per of UNIT Totals Milden Company is a merchandiser that plans to sell 41,000 units during the next quarter at a selling price of $66 per unit. The company also gathered the following cost estimates for the next quarter. Cost Cost of good sold Advertising expense Sales commissions Shipping expense Administrative salaries Insurance expense Depreciation expense Required: Cost Formula $33 per unit sold $189,000 per quarter 6% of sales $39,000 per quarter +$4.00 per unit sold $99,000 per quarter $10,900 per quarter $69,000 per quarter 1. Prepare a contribution format income statement. 2. Calculate the Ratio for Total Variable expenses and Total Contribution Margin 3. Calculate the Ratio for the PER UNIT variable expense and contribution margin amounts Round all answers to 2 decimal places Ratio Ratio Per of UNIT Totals