Garden variety flower shop uses 890 clay pots a month. the pots are purchased at $3.70 each. annual carrying costs per pot are estimated to be 50 percent of cost, and ordering costs are $30 per order. the manager has been using an order size of 1,000 flower pots. a. what additional annual cost is the shop incurring by staying with this order size?

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.