Question 2: Morrisroe Corporation has provided the following information: Cost per UnisCost per Period $765 Direct materials Direct labor 4.30 Variable manufacturing overhead Fixed manufacturing overhead Sales commissions $1.50 $1,000 S1.50 Variable administrative expense S1.00 Fixed selling and administrative expense $5,00 Required a. If the selling price is $35 per unit, what is the contribution margin per unit sold? (2 marks) b. What incremental manufacturing cost will the company incur if it increases production from 5,000 to 5,010 units? (2 marks) 3) Fanelli Corporation, a merchandising company, reported the following results for July: Number of units sold 5,600 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 S650 $455 S6 $122,500 $23 S206,400 Cost of goods sold is a variable cost in this company. Required: Prepare a contribution format income statement for July. (2 marks)