Odle ACC 1103- Managerial Accounting Mid term Review- October 2017 Question 1 Schedule of Cost of Goods Manufactured Mansoor Industries is a merchandiser that provided the following information 12,000 $45 $2.8 Number of units sold ..... Selling price per unit ..... Variable selling expense per unit...... *-Variable administrative expense per unit ..... Total fixed selling expense ..... Total fixed administrative expense ..... * Beginning merehandise inventory ..... Ending merchandise inventory..... Merchandise purchases..... $113,200 $25,000 $115,400 $141,100 $345,700 Required: Prepare Contribution Margin Income statement