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10.00 points The cost accountant for Angie's Apparel has compiled the following information for last month's operations Administrative costs Merchandise inventory, July 1 Merchandise inventory,
10.00 points The cost accountant for Angie's Apparel has compiled the following information for last month's operations Administrative costs Merchandise inventory, July 1 Merchandise inventory, July 31 Merchandise purchases Sales commissions Sales revenue Store rent Store utilities Transportation-in costs $ 73,000 27,000 24,000 615,000 43,600 948.000 15,300 3,200 4,200 Required Prepare an income statement with a supporting cost of goods sold statement. ANGIE'S APPAREL Income Statement For the Month Ended July 31 $ 948,000 661,600 $ 286,400 ales revenue st of goods sold Gross margin arketinn and administrative rosto
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