TB Problem Qu$.5-200($Algo$)$ In July, Meers Corporation sold $...$

In July, Meers Corporation sold $3,500$ units of its only product. Its total sales were $$108,500,$ its total variable expenses were $$45,500,$ and its total fixed expenses were $$35,000.$

Required:

a$.$ Construct the company's contribution format income statement for July.

b$.$ Redo the company's contribution format income statement assuming that the company sells $3,500$ units.

Complete this question by entering your answers in the tabs below.

Required a

Required $b$

Construct the company's contribution format income statement for July.

Note: Do not round intermediate calculations.

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