Homework: HW 6 - Chapter 6 Sav Score: 0 of 5 pts 2 of 9 (0 complete) HW Score: 0%, 0 of 48 E6-21A (similar to) Question Help Pierce Drycleaners has capacity to clean up to 12,000 garments per month. B (Click the icon to view the cost schedule.) Assume that Pierce charges customers $13 per garment for dry cleaning. Prepare Pierce's projected income statement if 4,220 garments are cleaned in March. First, prepare the income statement using the traditional format, then prepare Pierce'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.) Pierce Drycleaners Data Table Projected Income Statement Month Ended March 31 Less: Total variable costs 9,000 10,500 12,000 Garments Garments Garments $ 6,750 $ 7,875 $ 9,000 25,200 25,200 25,200 Total fixed costs $ 31,950 $ 33,075 $ 34,200 Total operating costs Variable cost per garment $ 0.75 $ 0.75 $ 0.75 2.80 Fixed cost per garment 2.40 2.10 $ 3.55 $ 3.15 $ 2.85 Average cost per garment Print Done