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What is the missing inputs? 10 poles ook Morrisey & Brown, Ltd., of Sydney is a merchandising company that is the sole distributor of a

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10 poles ook Morrisey & Brown, Ltd., of Sydney is a merchandising company that is the sole distributor of a product that is increasing in popularity among Australian consumers. The company's income statements for the three most recent months follow. Morrisey Brown, Ltd. Income Statements For the Three Month Teded september 30 July Aquat September Sale in unita 4,000 4,500 5,000 Solen $400,000 $450,000 $500,000 Cost of goods sold 240.000 220,000 300,000 Gross margin 140,000 180,000 200,000 Selling and administrative expenses Advertising expense 21,000 21,600 21.000 shipping expense 34.000 26.000 38,000 Malarles and consion 70,000 4,050 90,000 Inwurance expense 6,000 6.000 5.000 Depreciation expen 25.000 15.000 15,000 Toral selling and administrative expenses 150,000 16000 190,000 Het operating income 6,000 10,000 30.000 Pi References Required: 1 Dy analyzing the data from the company's income statements classify each of its expenses (including cost of goods sold as either variable, food, or mixed 2. Using the high-low method, separate each miwd expense into variable and fixed elements. Express the variable and fixed portions of each mixed expense in the form Yox 3. Redo the company's Income statement at the 5,000 unit level of activity using the contribution format Complete this question by entering your answers in the tabs below Required Required 2 Required Redo the company's income statement at the 5,000-unit level of activity using the contribution format. 10 points Morrinoy & Brown, Ltd Income Statement For the Month Ended September 30 Sales Variable expenses: Cost of goods sold $ 300,000 Shipping expense 20,000 Salaries and commissions expense 60,000 $ 500,000 eBook Print References 380,000 120,000 $ Fixed expenses Advertising expense Shipping expense Salaries and commissions expense Insurance expense Depreciation expense 21.000 18,000 30.000 6,000 15,000 Net operating income 90,000 30,000 $

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