Salespersons are paid on a commission basis to encourage them to be aggressive in their sales efforts. Mary Parsons, the financial vice president, watches sales commissions carefully and has noted that they have risen steadily over the last year. For this reason, she was shocked to find that even though sales have increased, profits for the current monthMayare down substantially from April. Sales, in sets, for the last two months are given below:

Salespersons are paid on a commission basis to encourage them to be aggressive in their sales efforts Mary Parsons, the financial vice president, watches sales commissions carefully and has noted that they have risen steadily over the last year. For this reason, she was shocked to find that even though sales have increased, profits for the current month May are down substantially from April. Sales, in sets, for the last two months are given below: Standard Deluxe 4,400 2,400 6,800 1,400 5,400 6,800 1-a. Prepare contribution format income statements for April. Round "Total percent" answers to 1 decimal place (i.e.1234 should be entered as 12.3). Contribution Income Statement for April Standard Deluxe Total Amount Variable expenses: Total variable expenses 0% 0.0 % 0 %$ 0.0 % Fixed expenses: Total fixed expenses