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please finish required 1 and 2 thank you. Prepare a traditional format income statement for August. (A Net operating loss should be entered as a
please finish required 1 and 2 thank you. Prepare a traditional format income statement for August. (A "Net operating loss" should be entered as a negative number.) Marwick's Pianos, incorporated, purchases planos from a large manufacturer for an average cost of $1,485 per unit and then sells them to retail customers for an average price of $2,100 each. The company's selling and administrative costs for a typical month are presented below During August, Manwick's Pianos, incorporated, sold and delivered 62 planos. Required: 1. Prepare a traditional format income statement for August. 2. Prepare a contribution format income statement for August. Show costs and rovenues on both a total and a per unit basis down through contribution margin. Prepare a contribution format income statement for August. Show costs and revenues on both a total and a per unit basis down through contribution margin. (A "Net operating loss" should be entered as a negative number.)
please finish required 1 and 2 thank you.
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