Question Completion Status QUESTION 2 Question two to points) Marwick Pianos, Inc, purchases pianos from a large manufacturer and tell them at the retail level. The pianos cort, on the average 82.400 each from the manufacturer. Marwick's Planos, foe, tells the plans to its customer at an average price of $3,000 each. The selling and administrative costs that the company incurs in a typical month are presented below Costs Cost Formula Selling Advertising $700 per month Sales salaries and commission $950 per month, plus 8% of sales Delivery of plans to customers 530 per plano sold Utilities $350 per month Depreciation of sales facilities SH00 per month Administrative: Executive salaries $2,500 per month Insurance $400 per month Clerical $1.000 per month, plus 520 per piano sold Depreciation of office equipment $300 per month During August, Marwick's Pianos, Inc., sold and delivered 40 pianos Required: Prepare an income statement for Marwick's Planos, Inc., for August. Use the contribution format, with costs organized by behavior Marwick's Pianos, Inc Contribution Format Income Statement For the Month of August Save and Submit to save and submit. Click Save All Answers to see all answers Sa