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D Christina has opened a pizza shop that sells only pzzas. Her income statement for the first year is below. Christina's Nothing But Pizza Income

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D Christina has opened a pizza shop that sells only pzzas. Her income statement for the first year is below. Christina's Nothing But Pizza Income Statement For the Year Ended December 31, 2018 Sales Revenue 12,000 S pizzas 180,000 Cost of Goods Sold 30,000 Gross Profit 150,000 Operating Expenses: tilities 30,000 Salaries and Wages Depreciation nsurance 60,000 10,000 3,500 Website 100 tent 24,000 127,600 Operating Income 22,400 dditional information: . Cost of Goods Sold is a variable cost at per pizza. Utlities are a mbxed cost at $1,000 per month plus $1 per pizza. Salarles and wages cost per month plus $4,000 $2 per pizza. Pizza selling price is Iper unit. All other fixed costs are expected to remain the same next year. bristina would like to budget her income statement for next year. he is hoping to have a 10 % increase in sales but is not sure if that too high. So, she would like a flexible budget that shows both D Christina has opened a pizza shop that sells only pzzas. Her income statement for the first year is below. Christina's Nothing But Pizza Income Statement For the Year Ended December 31, 2018 Sales Revenue 12,000 S pizzas 180,000 Cost of Goods Sold 30,000 Gross Profit 150,000 Operating Expenses: tilities 30,000 Salaries and Wages Depreciation nsurance 60,000 10,000 3,500 Website 100 tent 24,000 127,600 Operating Income 22,400 dditional information: . Cost of Goods Sold is a variable cost at per pizza. Utlities are a mbxed cost at $1,000 per month plus $1 per pizza. Salarles and wages cost per month plus $4,000 $2 per pizza. Pizza selling price is Iper unit. All other fixed costs are expected to remain the same next year. bristina would like to budget her income statement for next year. he is hoping to have a 10 % increase in sales but is not sure if that too high. So, she would like a flexible budget that shows both

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