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please help! Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Required: 1. Prepare a contribution format income statement.
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Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Required: 1. Prepare a contribution format income statement. 2. Prepare a tracitional format income statement. 3. Calculate the seling price per unit. 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit. 6. Which income statement format (tracitional format or contribution format) would be mole useful to mangets in estimating haw net operating income will change in response to changes in unit sales? Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Required: 1. Prepare a contribution format income statement. 2. Prepare a tracitional format income statement. 3. Calculate the seling price per unit. 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit. 6. Which income statement format (tracitional format or contribution format) would be mole useful to mangets in estimating haw net operating income will change in response to changes in unit sales Step by Step Solution
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