Below is an income statement for Rosies Flowers, prepared for internal management use. Required: Rewrite the income

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Below is an income statement for Rosie’s Flowers, prepared for internal management use. image text in transcribed

Required:
Rewrite the income statement so that it is more useful for decision making. (Hint: There is a missing subtotal.)

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Accounting Information For Business Decisions Accounting

ISBN: 9780170446242

4th Edition

Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh

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Question Posted: Mar 15, 2024 01:01 AM

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Below is an income statement for Rosies Flowers, prepared for internal management use. Required: Rewrite the income

Question:

Rosie's Flowers Projected income statement For the year ended 31 December 20X9 Revenues: Sales (16 000 units) Less: Total variable costs Less: Total fixed costs Profit for year $80 000 $20 000 $ 8.000 $52 000

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Accounting Information For Business Decisions Accounting

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