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Indon Slapshot Company makes ice hockey sticks and sold 1,850 sticks during the month of June at a total cost of $444,000. Each stick sold
Indon Slapshot Company makes ice hockey sticks and sold 1,850 sticks during the month of June at a total cost of $444,000. Each stick sold at a price of $400 Slapshot also incurred two types of selling costs commissions equal to 10% of the sales price and other selling expense of $63,700. Administrative expense totaled $53,100. Required: Prepare an income statement for Slapshot for the month of June. Manufacturing Income Statement Label and Amount Descriptions Income Statement Label and Amount Destions MULTIM Labels for the Month Amount Descriotions Cost of good m e d statement Manufacturing Firm Income Statement Instructions Labels and Amount Descriptions Income Statement Instructions Labels and Amount Descriptions Administrative expenses Commissions Cost of goods manufactured Cost of goods sold Fixed selling expenses Gross margin Operating income Operating loss Purchases Sales revenue Total selling expenses eBook Show Me How COMIC Calculator Instructions Labels and Amount Descriptions Income Statement Instructions Income Statement Slapshot Company Income Statement Label)
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