Speedy Shoes The company sells athletic shoes. Below is the financial information for the company for two months in 2019. Sep Oct Sales in Units 12,000 10,000 Sales Revenue 180,000 150,000 Administrative Expenses 17,000 15,000 Cost of Goods Sold 78,600 65,500 Facility Expenses 10,000 9,500 Rent 12,000 12,000 Sales Commissions 14,400 12,000 The company's costs are either Fixed, Variable or Mixed. Assume that activity levels used in this problem are within the relevant range for the company. Required: 1. Comparing the financial results from the two months, which expenses appear to be true variable costs? List the true fully variable costs and their unit costs. 2. Which expenses are Mixed costs? What portion of each Mixed cost is variable? What is the variable rate per unit for each mixed cost? 3. What are the total Fixed costs for a month from all the expenses, including the fixed component of any identified Mixed costs? 4. Prepare the October Income Statement in the Contribution Format. Provide subtotals for total Variable Costs and total Fixed costs. 5. What is the Contribution Margin per unit? 6. What is the Contribution Margin ratio