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Bella Cosmetics manufactures and sells a face cream to small, family-run stores in the greater Montreal area. It presents the monthly operating statement of
Bella Cosmetics manufactures and sells a face cream to small, family-run stores in the greater Montreal area. It presents the monthly operating statement of comprehensive income to Franois Laval, a potential investor in the business. Help Laval understand Bella's cost structure. (Click the icon to view the operating statement of comprehensive income.) Required Requirement 1. Recast the statement of operating income in a contribution format. Units sold Revenue Bella Cosmetics Statement of Operating Income June 15,000 - Operating statement of comprehensive income Bella Cosmetics Statement of Operating Income For the Month of June Units sold Revenue 15,000 225,000 Cost of goods sold Variable manufacturing costs 82,500 15,000 Fixed manufacturing costs 97,500 Total Gross margin 127,500 Operating costs Variable marketing costs 41,250 18,000 Fixed marketing and administrative costs Total operating costs 59,250 $ 68,250 Operating income Print Done
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