Homework: Chapter 06 Homework Score: 0 of 1 pt Question 9, E6-21A (similar to) Price Drycleaners has capacity to clean up to 12,000 garments per month. (Click the icon to view the cost schedule.) 9 of 18 (9 complete) Save HW Score: 43.87%, 7.9 of 18 pts Question Help Assume that Price charges customers $8 per garment for dry cleaning. Prepare Price's projected income statement if 4,240 garments are cleaned in March. First, prepare the income statement using the traditional format; then prepare Price's contribution margin income statement. Begin by preparing the projected income statement using the traditional format. (Round your answers to the nearest whole dollar. Enter losses with parentheses or a minus sign.) Price Drycleaners Projected Income Statement Month Ended March 31 33920 i Data Table Dry cleaning revenue Less: Operating costs Operating income (loss) - 9,000 Garments 10,500 Garments 12,000 Garments Total variable costs 5,400 $ 6,300 $ 7,200 25,200 25,200 25,200 Total fixed costs $ 30,600 $ 31,500 $ 32,400 Total operating costs Variable cost per garment $ 0.60 $ 0.60 $ 0.60 2.80 2.40 2.10 Fixed cost per garment $ 3.40 $ 3.00 $ 2.70 Average cost per garment Choose from any list or enter any number in the input fields and then click Check Answer. 1 part remaining Print Done Clear All Check Answer ?