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Conway Brush Company sells standard hair brushes. The following information summarizes Conway's operating activities for 2018: (Click the icon to view the information.) Requirements 1.
Conway Brush Company sells standard hair brushes. The following information summarizes Conway's operating activities for 2018: (Click the icon to view the information.) Requirements 1. Calculate the operating income for 2018. 2. Conway sold 6,600 brushes in 2018. Compute the unit cost for one brush. Requirement 1. Calculate the operating income for 2018. A Data Table Conway Brush Company Income Statement Year Ended December 31, 2018 Revenue: Selling and Administrative Expenses $ Purchases 47,058 85,800 151,800 Cost of Goods Sold: Net Sales Revenue Merchandise Inventory, January 1, 2018 Merchandise Inventory, December 31, 2018 7,920 11,748 Print Print Done Done Cost of Goods Sold Gross Profit Operating Income
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