Question
Classify each of the costs for Pops December operations using the table provided. If an amount is zero, enter 0. Be sure to total the
Classify each of the costs for Pops December operations using the table provided. If an amount is zero, enter "0". Be sure to total the amounts in each column.\ 2. Prepare an income statement for the month of December.\ 3. CONCEPTUAL CONNECTION: Elena made some simplifying assumptions. Were those reasonable? Suppose a good case could be made that the portion of the employees time spent selling the burger bags was really a part of sales. In that case, would it be better to divide their time between production and selling? Should John Petersons time be divided between marketing and administrative duties? What difference (if any) would that make on the income statement?
Classify each of the costs for Pops December operations using the table provided. If an amount is zero, enter "0". Be sure to total the amounts in each column.\ 2. Prepare an income statement for the month of December.\ 3. CONCEPTUAL CONNECTION: Elena made some simplifying assumptions. Were those reasonable? Suppose a good case could be made that the portion of the employees time spent selling the burger bags was really a part of sales. In that case, would it be better to divide their time between production and selling? Should John Petersons time be divided between marketing and administrative duties? What difference (if any) would that make on the income statement?
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