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Formatting Tab Clipboard Font Alignment Number 4 A1 Naples Springs Limited manufactures a patented product within a very extensive Just-in-Time (JIT) inventory me A B
Formatting Tab Clipboard Font Alignment Number 4 A1 Naples Springs Limited manufactures a patented product within a very extensive Just-in-Time (JIT) inventory me A B D E 1 Naple Springs Limited manufactures a patented product within a very extensive Just-in-Time (JIT) inventory management system 2 As a result of their IT system, they never have any inventory of raw materials, work-in-process or finished goods 3. The company's comparative income statement for the past 3 months is provided below Naples Springs Limited 5 Comparative Income Statement 6 For the 3 months ended September 30, 2021 7 July August September 8 Units produced and sold 3,000 3.750 4,500 9 10 11 Sales revenue $ 424,900 $ 529,900 $ 634.900 12 Cost of Good Sold 13 Direct materials 75,000 93,750 112.500 14 Direct labour 30,000 37,500 45,000 15 Manufacturing overhead 75,900 90,650 106 400 16 180,900 221,900 263,900 17 Gross Margin 244,000 308,000 371,000 18 19 Selling and Administrative Expenses 20 Shipping expense 48.900 54,900 60.900 21 Advertising expense 74.900 74.900 74,900 22 Salaries and commissions 111.900 129,900 147.900 23 Insurance expense 13.900 13.900 13.900 24 Office expenses 46.900 46.900 46.900 25 296,500 320,500 344.500 26 Operating income (Less) $ (52 500) 5 (12,500) $ 26.500 27 ANNAS Operating income (Loss) 3 (2500) 3 (12,500) 200 Required in the flowing table, using the drop down its provided, identity each of the company's expenses as (1) vara fredor med and (2) direct, indirect or both direct and direct as to units produced or som (0) (2) 4 5 16 7 38 Analysis of Es Directeurs Director Manufactung overhead Shipping expense Advertising expense Salaries and common Insurance expense otce expenses 43 15
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