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Operational results Sydneys Bakery has provided you with activity and respective costs for three months below. Based on the Operational Results information presented for January,

Operational results
Sydneys Bakery has provided you with activity and respective costs for three months below.
Based on the Operational Results information presented for January, February, and March, complete the following:
1. Identify the variable, fixed and mixed costs
2. Develop the cost formula for each of the mixed costs using the high-low method?
3. Calculate the total cost for each mixed cost at an activity level of 3,600?
4. Prepare a contribution margin format income statement for the month of March (3,000 units).
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Operational results Sydney's Bakery has provided you with activity and respective costs for three months below. 31 January February March Sales in units 2,800 per unit 3,400 per unit 3,000 per unit Sales revenue $ 18,480 $ 6.60 $ 22,440 $ 6.60 $ 19,800 6.60 Less: COGS $ (6,160) $ (2.20) $ (7.480) $ (2.20) $ (6,600) $(2.20) Gross Margin $ 12,320 $ 14,960 $ 13,200 Less Operating XP Insurance $ 800 $ 0.29 $ 800 $ 0.24 $ 800 0.27 Rent $ 1,800 $ 0.64 $ 1,800 $ 0.53 $ 1,800 0.60 Deph $ 700$ 0.25$ 700$ 0.21 $ 700 0.23 Advertising $ 640 $ 0.23 $ 670 $ 0.20 $ 650 0.22 Salaries $ 7,100 $ 2.54 $ 7,850 $ 2.31 $ 7,350 2.45 Total Oper XP $(11,040) $(11,820) $(11,300) Net Income $ 1,280 $ 3,140 $ 1,900 lolololo

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