Saved Help Save Clipboard Font Styles B34 DE F 1 To aid in planning, Jay Corporation is preparing a contribution format income statement. 3 Budgeted information for Quarter 1 of Year 3: 4 Sales in units 5 Sales price per unit 17.000 48.00 7 After analyzing expenses, the company has determined the following cost patterns. 8 Cost of goods sold 29.00 per unit 9 Sales commissions 9.50% per dollar of sales 10 11 Administrative salaries 45,000.00 per quarter 12 Rent expense 27,000.00 per quarter 13 Depreciation expense 36,000.00 per quarter 15 Management has concluded that shipping expense is a mixed cost. Units shipped and the related shipping cost over the last eight quarters are: 16 17 Year 1 18 Quarter 1 19 Quarter 2 20 Quarter 3 21 Quarter 4 22 Year 2 21 Ouarter 1 . .. Total Shipping Cost 67,000.00 94,000.00 89,800.00 92,600.00 Units 12,500 21,000 13.800 20.000 72.500.00 13.700 Sheet1