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Complete income statement only for 2010. write The total cost formula for 2010. Sheet1 Sheet2 Sheet3 chapter 53 quiz M M m Sales and production

  1. Complete income statement only for 2010.
  2. write The total cost formula for 2010.

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Sheet1 Sheet2 Sheet3 chapter 53 quiz M M m Sales and production Volume - units 2,750,000 3,000,000 3,250,000 Sales dollars 3.3 9,075,000 9,900,000 10,725,000 Raw materials purchases 1.36 3,740,000 4,080,000 4,420,000 packaging material 0.08 240,000 265,000 290,000 Direct labor 0.33 907,500 990,000 1,072,500 Indirect labor 0.15 452,500 485,000 522,500 Material handlers labor 0.06 180,000 195,000 210,000 Maintenance labor 125,000 125,000 125,000 Clean up labor 125,000 125,000 125,000 Custodians labor 50,000 50,000 50,000 Security labor 48,000 48,000 48,000 Supervisors salaried 200,000 200,000 200,000 Clerical labor 75,000 75,000 75,000 Plant manager - salaried 125,000 125,000 125,000 Repairs and maintenance 0.06 190,000 205,000 220,000 Plant supplies 275,000 275,000 275,000 Utilities 0.03 92,500 102,000 107,500 Insurance 175,000 175,000 175,000 Depreciation 300,000 300,000 300,000 Property taxes 175,000 175,000 175,000 Delivery expenses 0.01 527,500 530,000 532,500 Selling and administrative expenses 0.05 862,500 875,000 887,500 Total cost and expenses 8.865.500 9,400,000 9,935,500 Net operating income 209,500 500,000 789,500 Instructions: Complete the information below for 2010 only , , m Income Statement Contribution format: Sales Variable costs: Manufacturing Sales and Admin Total variable cost Contribution margin Fixed costs Operating income Contribution margin per unit Contribution margin ratio Degree of operating leverage Total variable cost Variable cost per unit Total xed cost Fixed cost per unit Write the total cost formula for 2010

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