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

Todrick Company is a merchandiser that reported the followinginformation based on 1,000 units sold: 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 orcontribution format) would be more useful to managers in estimatinghow net operating income will change in responses to changes inunit sales? . . .

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