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Determine the fixed cost and the variable cost from this income statement Period Ending: 9/25/2021 Total Revenue $365,817,000 Cost of Revenue $212,981,000 Gross Profit $152,836,000
Determine the fixed cost and the variable cost from this income statement
| Period Ending: | 9/25/2021 | |||
| Total Revenue | $365,817,000 | |||
| Cost of Revenue | $212,981,000 | |||
| Gross Profit | $152,836,000 | |||
| Operating Expenses | ||||
| Research and Development | $21,914,000 | |||
| Sales, General and Admin. | $21,973,000 | |||
| Non-Recurring Items | -- | |||
| Other Operating Items | -- | |||
| Operating Income | $108,949,000 | |||
| Add'l income/expense items | $258,000 | |||
| Earnings Before Interest and Tax | $109,207,000 | |||
| Interest Expense | -- | |||
| Earnings Before Tax | $109,207,000 | |||
| Income Tax | $14,527,000 | |||
| Minority Interest | -- | |||
| Equity Earnings/Loss Unconsolidated Subsidiary | -- | |||
| Net Income-Cont. Operations | $94,680,000 | |||
| Net Income | $94,680,000 | |||
| Net Income Applicable to Common Shareholders | $94,680,000 |
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
