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: 30 points Cost Cost of good sold Advertising expense Sales commissions Shipping expense Administrative salaries Insurance expense Depreciation expense 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 eBook Print References Required: 1. Prepare a contribution format income statement for the next quarter. 2. Prepare a traditional format income statement for the next quarter. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution format income statement for the next quarter. Required 1 Required 2 Prepare a contribution format income statement for the next quarter. 30 points Milden Company Contribution Format Income Statement For the Next Quarter eBook Print References Variable expenses: Total variable expenses Contribution margin Fixed expenses: Milden Company Contribution Format Income Statement For the Next Quarter Variable expenses: Total variable expenses Contribution margin Fixed expenses: Total fixed expenses Required 1 Required 2 -------------- Prepare a traditional format income statement for the next quarter. Milden Company Traditional Format Income Statement For the Next Quarter Selling and administrative expenses: Total selling and administrative expenses