Question
Label each of the following items what they would be in the income statement (revenue, variable costs or fixed cost). Sales - $1,639,413 Contribution from
Label each of the following items what they would be in the income statement (revenue, variable costs or fixed cost).
Sales - $1,639,413
Contribution from owners - $450,000
Payments for inventory - $971,672
Payments for wages - $193,891
Payments for rates and utilities - $21,500
Payment for equipment and fittings - $219,700
Payment for insurance - $34,400
Payment for rent - $210,000
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
