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P - M: 1 - 4 0 B . Preparing an income statement and calculating unit cost for a service company.The Glass Doctors repair chips
PM:B Preparing an income statement and calculating unit cost for a service company.The Glass Doctors repair chips in car windshields. The company incurred the following operating costs for the month of July : The table is as follows. Account Dollar Amount Salaries and wages $ Windshield repair materials Depreciation on truck Depreciation on building and equipment Supplies used Utilities The Glass Doctors earned $ in service revenues for the month of July by repairing windshields. All costs shown are considered to be directly related to the repair service. Requirements Prepare an income statement for the month of July Compute the cost per unit of repairing one windshield, rounded to the nearest cent. $ The manager of The Glass Doctors must keep the unit operating cost below $ per windshield in order to get his bonus. Did he meet the goal?
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