Cost behavior analysis focuses on: a. how costs react only to decreases in activity levels. Ob. how costs react either to increases or to decreases in activity level. c. how costs react only to increases in activity levels. d. None of these choices are correct. Cost of Goods Sold Morning Smiles Coffee Company manufactures Stoneware French Press coffee makers. During the month of March, 8,100 coffee makers were completed at a cost of goods manufactured of $607,500. Suppose that on March 1, Morning Smiles hud 1,000 units in finished goods inventory costing $70,000 and on March 31, 1,100 units in finished goods inventory costing $65,000 1. Prepare a cost of goods sold statement for the month of March Morning Smiles Coffee Company Cost of Goods Sold Statement For the Month of March 2. Calculate the number of coffee makers that were sold during March units Manufacturing Firm Income Statement Morning Smiles Coffee Company manufactures Stoneware French Press coffee makers and sold 8,000 coffee makers during the month of March at a total cost of $612,500. Each coffee maker sold at a price of $100. Morning Smiles also incurred two types of selling costs: commissions equal to 5% of the sale price and other telling expense of $45,000. Administrative expense totaled $47,500, Required: Prepare an income statement for Morning Smiles for the month of March, Enter all amount as positive number Morning Smiles Coffee Company Income Statement For the Month of March Income Statement Percentages Morning Smiles Coffee Company manufactures Stoneware French Press coffee makers and sold 8,000 coffee makers during the month of March at a total cost of $612,500. Each coffee maker sold at a price of $100. Morning Smiles also incurred two types of selling costs: commissions equal to 5% of the sales price and other selling expense of $45,000. Administrative expense totaled $47,500 Required: Service Organization Income Statement Healing Hands Massage Hut offers high-end, specialized massages and grooming services, including manicures, pedicures, facials, and full-body massages. Healing Hands is a new startup service organization that generates monthly sales of $200,000. As a startup organization, Healing Hands spends $5,000 a month on advertising in local newspapers and on social media sites. In addition, each month Healing Hands spends $100,000 to pay its team of highly specialized massage therapists, and $10,000 to a technology company to handle the company's website, massage appointment scheduling activities, and customer communications). Further, the company incursa $15,000 monthly expense to rent its hut space in a hip new retail market. Finally, Healing Hands incurs $20,000 of monthly administrative expenses. Required: inlinn Hunds for the past month inter all amounts as positive numbers
