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Plyler Enterprises sells garage doors in Erie, PA and hasprovided the following information:# of unitssold 15,000Average sellingprice $25per unitVariable sellingexpense $5per unitVariable administrativeexpense $2.50per unitFixed sellingexpenses $50,000Fixed Administrativeexpenses $30,000Inventory atbeginning $32,000Inventory atend $50,000Inventorypurchases $152,0001. Provide the figures for the TRADITIONAL income statementbelow for Plyler Enterprises (ignore taxes):AccountAmountShow CalculationsSalesCost of goods soldGross marginSales less cost of goods soldSelling expensesAdministrative expensesNet operating incomeGross margin less Selling and Administrative2. Provide the figures for the CONTRIBUTION FORMAT incomestatement below for Plyler Enterprises (ignore taxes):AccountAmountShow CalculationsSalesVariable expenses: Cost of goods sold Selling expenses Administrative exp.Contribution marginSales less variable expensesFixed expenses: Selling expenses Administrative exp.Net operating incomeSales less variable and fixed expenses
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