just need the income statement!
thester it haw bukilin 1 of:ia Dena lakin thakiheat P 4 P View Policies Show Attempthistory Current Attempt in Progress Waterway Labs. Inc provides mad cow disease testing for both state and federal governmental agricultural agencies. Because the company's customers are governmental agencies, prices are strictly regulated. Therefore. Waterway Labs must constantly monitor and control its testing costs. Shown below are the standard costs for a typical test. The lab does not maintain an inventory of test tubes. As a result, the tubes purchased each month are used that month. Actual activity for the month of November 2022, when 1.300 tests were conducted, resulted in the following. Monthly budgeted foxed overhead is $16,320. Revenues for the month were $85,800, and selling and administrative expenses were $4,600. - Your answer is partialifecoriect Prepare an income statement for management. WATERWAY LAB5, TNC. Income 5 tatement For the Month Ended November 30. 2022 \& Gross Proht \{at Standardi : Variances Favorable Total Variance. Total variance: Untavorabic. Favoridale Unfworabie Finorabie eTextbook and Media List of Accounts Sare for Latee. thester it haw bukilin 1 of:ia Dena lakin thakiheat P 4 P View Policies Show Attempthistory Current Attempt in Progress Waterway Labs. Inc provides mad cow disease testing for both state and federal governmental agricultural agencies. Because the company's customers are governmental agencies, prices are strictly regulated. Therefore. Waterway Labs must constantly monitor and control its testing costs. Shown below are the standard costs for a typical test. The lab does not maintain an inventory of test tubes. As a result, the tubes purchased each month are used that month. Actual activity for the month of November 2022, when 1.300 tests were conducted, resulted in the following. Monthly budgeted foxed overhead is $16,320. Revenues for the month were $85,800, and selling and administrative expenses were $4,600. - Your answer is partialifecoriect Prepare an income statement for management. WATERWAY LAB5, TNC. Income 5 tatement For the Month Ended November 30. 2022 \& Gross Proht \{at Standardi : Variances Favorable Total Variance. Total variance: Untavorabic. Favoridale Unfworabie Finorabie eTextbook and Media List of Accounts Sare for Latee