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

Sales	330,000
Beginning merchandise inventory	22,000
purchases	220,000
Ending merchandise inventory	11,000
Fixed administrative expense	?
Fixed administrative expense	13,200
Variable selling expense	16,500
Variable administrative expense	?
Contribution margin	66,000
Net operating Income	19,800

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.

selling price per unit	?
Variable cost per unit	?
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?

traditional income statement or contribution income statement