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EM1-25 (similar to) Jones Brush Company sells standard hair brushes. The following information summarizes Jones's operating activities for 2024. (Click the icon to view the
EM1-25 (similar to) Jones Brush Company sells standard hair brushes. The following information summarizes Jones's operating activities for 2024. (Click the icon to view the information.) Requirements 1. Calculate the operating income for 2024. 2. Jones sold 6,500 brushes in 2024. Compute the unit cost for one brush. Requirement 1. Calculate the operating income for 2024. Jones Brush Company i X Data Table Income Statement Year Ended December 31, 2024 Revenue: Selling and Administrative Expenses S 39,780 Purchases 84.500 Cost of Goods Sold: Net Sales Revenue 117.000 Merchandise Inventory, January 1, 2024 8, 125 Merchandise Inventory, December 31, 2024 29,445 Print Done Cost of Goods Sold Gross Profit Operating Income
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