Todrick Company is a merchandiser that reported the following information based on 1,000 units sold:

Sales	$	465,000
Beginning merchandise inventory	$	31,000
Purchases	$	310,000
Ending merchandise inventory	$	15,500
Fixed selling expense	$	?
Fixed administrative expense	$	18,600
Variable selling expense	$	23,250
Variable administrative expense	$	?
Contribution margin	$	93,000
Net operating income	$	27,900

Prepare a contribution format income statement.

Prepare a traditional format income statement.

Calculate the selling price per unit, the variable cost per unit, Calculate the contribution margin per unit.

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Todrick Company Contribution Format Income Statement Sales Variable expenses: Cost of goods sold Selling expense Administrative expense 0 Contribution margin 93,000 Fixed expenses: Administrative expense 18,600 Selling expense 46,500 65,100 Net operating income Todrick Company Traditional Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses: 0 Selling expense Administrative expense 0 Net operating income Selling price per unit Variable cost per unit Contribution margin per unit