Information Provided

Number of Units Produced

2500

Cost of Goods Sold Detail:

Other Expenses Detail:

Number of units Sold

2500

Direct materials

$44

per unit

Salaries for Administrative Staff

$52,000

total

Direct Labor

$25

per unit

Rent of Office Space

$19,950

total

Revenue per unit

$240

per unit

Manufacturing Overhead:

Depreciation of Office Equipment

$12,000

total

Rent on Factory Building

$25,000

total

Commission for sales staff

$6

per unit

Depreciation on Equipment

$30,000

total

A)Traditional Absorption Costing Income Statement Income Statement for Year Ending 20X6

Sales Revenue $_________

Cost of Goods Sold $_________

Gross Margin $_______

Operating Expenses $_______

Net Income $_______