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Charlie Smith owns Charlie's Pets, a small retail shop selling pet supplies. On December 31,2024 , the accounting records of Charlie's Pets showed the following:
Charlie Smith owns Charlie's Pets, a small retail shop selling pet supplies. On December 31,2024 , the accounting records of Charlie's Pets showed the following: (Click the icon to view the accounting records.) Read the requirements. Requirement 1. Prepare an income statement for Charlie's Pets for the year ended December 31, 2024 . Data table Requirements 1. Prepare an income statement for Charlie's Pets for the year ended December 31, 2024. 2. Charlie's Pets sold 3,450 units. Determine the unit cost of the merchandise sold, rounded to the nearest cent. Total Glass Company repairs chips in car windshields. The company incurred the following operating costs for the month of March 2024: (Click the icon to view the operating costs.) Total Glass Company earned $20,000 in service revenues for the month of March by repairing 100 windshields. All costs shown are considered to be directly related to the repair service. Read the requirements. Requirement 1. Prepare an income statement for the month of March. Data table Requirements 1. Prepare an income statement for the month of March. 2. Compute the cost per unit of repairing one windshield. 3. The manager of Total Glass Company must keep the unit operating cost below $70 per windshield in order to get his bonus. Did he meet the goal
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