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Mighty Bright Window Cleaners monthly income statement at several levels of activity is as follows: Windows washed 2,500 4,800 6,700 Sales revenue $ 3,800 $
Mighty Bright Window Cleaners monthly income statement at several levels of activity is as follows:
Windows washed | 2,500 | 4,800 | 6,700 | ||||
Sales revenue | $ | 3,800 | $ | 7,296 | $ | 10,184 | |
Cost of goods sold | 1,400 | 2,688 | 3,752 | ||||
Gross profit | 2,400 | 4,608 | 6,432 | ||||
Operating expenses | |||||||
Advertising expense | 400 | 400 | 400 | ||||
Salaries and wages expense | 750 | 980 | 1,170 | ||||
Insurance expense | 200 | 200 | 200 | ||||
Postage expense | 450 | 864 | 1,206 | ||||
Total operating expense | 1,800 | 2,444 | 2,976 | ||||
Operating income | $ | 600 | $ | 2,164 | $ | 3,456 |
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