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All the infomation is there. Please see the info below the question! INSTRUCTIONS: Complete the Statement in proper form Revenue will be provided in an
All the infomation is there. Please see the info below the question!
INSTRUCTIONS: Complete the Statement in proper form Revenue will be provided in an Announcement at the end of Module 4 (based on actual number of services for your pricing levels) Additional Information necessary to complete the Income Statement: General & Administrative Salaries paid = $1,200 Advertising = $100 Cleaning Products = $120 Depreciation = $83 Rent = $650 Loan = $420 Utilities & Insurance = $600 XYZ Corporation Income Statement For the Month Ended January 31, xox Revenue: Grooming Day Care Boarding Tota Revenue Cost of Services Gross Profit Expenses: G&A Salaries Advertising Cleaning Products Depreciation Rent Loan Utilities and Insurance Total Expenses Net Income / Loss * Cost of Goods Sold = Cost of Services There is no finished goods inventory to maintain In order to complete Milestone Three, you will need the following income statement revenue information. Note that the revenue you use will depend on the pricing level options you chose in Milestone Two. Income for January-actual activity based on price levels: For example, if you chose a grooming price of $25 per groom, the actual grooms in January were 4 per day assuming a 30-day month. If you chose... Grooming price $25 Grooming price $30 Grooming price $35 Daycare price $18 Daycare price $20 Daycare price $25 Kennel price $25 Kennel price $28 Kennel price $30 The actual # of grooms/daycare/kennel 4 grooms per day 3 grooms per day 2 grooms per day 22 dogs per day 12 dogs per day 9 dogs per day 12 dogs per day 9 dogs per day 6 dogs per day INSTRUCTIONS: Complete the Statement in proper form Revenue will be provided in an Announcement at the end of Module 4 (based on actual number of services for your pricing levels) Additional Information necessary to complete the Income Statement: General & Administrative Salaries paid = $1,200 Advertising = $100 Cleaning Products = $120 Depreciation = $83 Rent = $650 Loan = $420 Utilities & Insurance = $600 XYZ Corporation Income Statement For the Month Ended January 31, xox Revenue: Grooming Day Care Boarding Tota Revenue Cost of Services Gross Profit Expenses: G&A Salaries Advertising Cleaning Products Depreciation Rent Loan Utilities and Insurance Total Expenses Net Income / Loss * Cost of Goods Sold = Cost of Services There is no finished goods inventory to maintain In order to complete Milestone Three, you will need the following income statement revenue information. Note that the revenue you use will depend on the pricing level options you chose in Milestone Two. Income for January-actual activity based on price levels: For example, if you chose a grooming price of $25 per groom, the actual grooms in January were 4 per day assuming a 30-day month. If you chose... Grooming price $25 Grooming price $30 Grooming price $35 Daycare price $18 Daycare price $20 Daycare price $25 Kennel price $25 Kennel price $28 Kennel price $30 The actual # of grooms/daycare/kennel 4 grooms per day 3 grooms per day 2 grooms per day 22 dogs per day 12 dogs per day 9 dogs per day 12 dogs per day 9 dogs per day 6 dogs per day Step by Step Solution
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