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Cam Jones owns Cam's Pets, a small retail shop selling pet supplies. On December 31, 2024, the accounting records of Cam's Pets showed the
Cam Jones owns Cam's Pets, a small retail shop selling pet supplies. On December 31, 2024, the accounting records of Cam's Pets showed the following (Click the icon to view the accounting records.) Read the requirements Requirement 1. Prepare an income statement for Cam's Pets for the year ended December 31, 2024 Cam's Pets Income Statement Year Ended December 31, 2024 Revenue Cost of Goods Sold Cost of Goods Sold Gross Profit Selling and Administrative Expenses Total Selling and Administrative Expenses Operating Income (Loss) Requirement 2. Cam's Pets sold 3,500 units. Determine the unit cost of the merchandise sold, rounded to the nearest cent Cost per unit
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