Managerial Accounting Summer 2021 Homework: Chapter 16 Homework Score: 0 of 1 pt 4 of 5 (4 complete EM1-25 (similar to) Jones Brush Company sells standard hair brushes. The following information summarizes Jones's operating activities for 2024: (Click the icon to view the information.) Requirements 1. Calculate the operating income for 2024. 2. Jones sold 6,500 brushes in 2024. Compute the unit cost for one brush. Requirement 1. Calculate the operating income for 2024. Jones Brush Company Income Statement Data Table - X Year Ended December 31, 2024 Revenue: Purchases Selling and Administrative Expenses 39,780 Cost of Goods Sold: Purchases 84,500 Net Sales Revenue 17.000 Merchandise Inventory, January 1, 2024 8.125 Merchandise Inventory, December 31, 2024 29.445 Cost of Goods Sold Print Done Gross Profit Net Sales Revenue Operating Income Choose from any list or enter any number in the input fields and then click Check Answer. 1 part remaining Clear All