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this is one question 6 required please help Problem 1-19 Traditional and Contribution Format Income Statements (L01-6) Todrick Company is a merchandiser that reported the
this is one question 6 required
Problem 1-19 Traditional and Contribution Format Income Statements (L01-6) Todrick Company is a merchandiser that reported the following information based on 1000 units sold: Sales Beginning merchandise inventory Purchases Ending merchandise inventory Fixed selling expense Fixed administrative expense Variable selling expense Variable administrative expense Contribution margin Net operating income $ 420,000 $ 28,000 $ 280,000 $ 14,000 $ $ 16,800 5 21,000 $ $ 84,000 $ 25, 200 Required: 1. Prepare a contribution format income statement. 2. Prepare a traditional format income statement 3. Calculate the selling price per unit. 4. Calculate the variable cost per unit 5. Calculate the contribution margin per unit 6. Which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in responses to changes in unit sales? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3 to 5 Reg 6 Prepare a contribution format income statement MacBook Alt bil DO 8 9 4 0 0 K . L Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3 to 5 Reg 6 Prepare a contribution format income statement Todrick Company Contribution Format Income Statement Variable expenses es 0 Fixed expenses 0 Rea Reg 2 > MacBook Air DI 000 UDC FE ga 17 8 how net operating income will change in responses to changes in unit sales? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 to 5 Reg 6 bed Prepare a traditional format income statement. Todrick Company Traditional Income Statement ook int 0 Seling and administrative expenses: ences 0 MacBook Air non DI ER 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit. 6. Which income statement format (traditional format or contribution format) would be how net operating income will change in responses to changes in unit sales? ed Complete this question by entering your answers in the tabs below. ok Req 1 Reg 2 Req 3 to 5 Req 6 1 t 3. Calculate the selling price per unit. 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit. 3 nces 3. Selling price per unit 4. Variable cost per unit 5. Contribution margin per unit MacBook Air 000 DOO a DD DII FB 19 $ Required: 1. Prepare a contribution format income statement 2. Prepare a traditional format income statement 3. Calculate the selling price per unit 4. Calculate the variable cost per unit 5. Calculate the contribution margin per unit 6. Which income statement format (traditional format or contribution format) would be more useful to managers in estimati how net operating income will change in responses to changes in unit sales? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3 to 5 Req 6 Which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in responses to changes in unit sales? Traditional income statement Contribution income statement MacBook Air DO FM S 4 TI . CO 9 O { R ye 0 . L please help
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