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Please post clear answers Fanelli Corporation, a merchandising company, reported the following results for July: Number of units sold Selling price per unit Unit cost

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Fanelli Corporation, a merchandising company, reported the following results for July: Number of units sold Selling price per unit Unit cost of goods sold Variable selling expense per unit Total fixed selling expense Variable administrative expense per unit Total fixed administrative expense 6,000 $ 610 $ 412 $ 70 $125,500 $ 26 $207, 400 Cost of goods sold is a variable cost in this company. Prepare a contribution format Income statement for July. Fanelli Corporation For the month of July Contribution Format Income Statement Variable expenses: Fixed expenses.

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