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

Required:

Prepare a contribution format income statement.

Prepare a traditional format income statement.

Calculate the selling price per unit.

Calculate the variable cost per unit.

Calculate the contribution margin per unit.

Which income statement format $($traditional format or contribution format$)$ would be more useful to managers in estimating how net

operating income will change in response to changes in unit sales?