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please help me to solve those questions. Th Home Entertainment is a small, family-owned business that purchases LCD televisions from a reputable manufacturer and sells

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please help me to solve those questions.

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Home Entertainment is a small, family-owned business that purchases LCD televisions from a reputable manufacturer and sells them at the retail level. The televisions sell, on average, for $2,060 each. The average cost of a television from the manufacturer is $1,330. Home Entertainment has always kept careful accounting records, and the costs that it incurs in a typical month are as follows: Costs Cost Formula Selling: Advertising $ 1,090 per month Delivery of televisions $ 50 per television sold Salas salaries and commissions $ 3,040 per month, plus 5% of sales Utilities $ 404 per month Depreciation of sales facilities $ 3,160 per month Administrative: Executive salaries 5 11,500 per month Depreciation of office equipment $ 805 per month Clerical $ 1,860 per month, plus $49 per television sold Insurance $ 720 per month During April, the company sold and delivered 219 televisions Required: 1. Prepare an income statement for April using the traditional format with costs organized by function. Required: 1. Prepare an income statement for April using the traditional format with costs organized by function. Selling and administrative expenses: __ Total selling expenses Administrative expenses: Total administrative expenses Total selling and administrative expenses __ 2. Prepare an income statement for April, this time using the contribution format with costs organized by behaviour. Show costs and revenues on both a total and a per unit basis down through contribution margin. HOME ENTERTAINMENT Contribution Format Income Statement For the Month Ended April 30 Total Per Unit Variable expenses: Total variable expenses Fixed expenses: Total fixed expenses

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