255 - Halus are given in a month. P20-2A Jewelz Boxz Inc. is a small company that manufactures oak jewellery boxes that are distributed through fine gift stores. The company's income statements for the last four months are shown below: June July August September Sales in units 240 205 Sales revenue $24,000 $20,500 $25,500 $29,500 Cost of goods sold 13,200 11,275 14,025 16,225 Gross profit 10,800 9,225 11,475 13,275 Operating expense Salaries and wages expense 2,960 2,820 3,020 3,180 Insurance expenses 200 200 200 200 Shipping expense 1,440 1,230 1,530 1,770 179 Office expenses 158 188 212 Total operating expenses 4,779 4,408 4,938 5,362 $ 6,021 Income from operation $ 4,817 $ 6,537 $ 7,913 Problems: Set A CHAPTER 20 Instructions (a) Identify each of the co (b) Calculate the cost per u (e) Using the high-low met mixed costs. each of the company's expenses (including cost of goods sold) as being variable, fixed, or mixed ate the cost per unit for each of the variable expenses he high-low method, determine the variable cost per unit and the fixed cost component for each of the the manager expects to sell 320 jewellery boxes in October. Using the cost information determined above. prepare a CVP income statement up to income from operations for October (Show expense items individually.) TAKING IT FURTHER "The concent of uli