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Pastore Drycleaners has capacity to clean up to 12,000 garments per month. (Click the icon to view the cost schedule.) Assume that Pastore charges customers
Pastore Drycleaners has capacity to clean up to 12,000 garments per month. (Click the icon to view the cost schedule.) Assume that Pastore charges customers $10 per garment for dry cleaning. Prepare Pastore's projected income statement if 4,300 garments are cleaned in March. First, prepare the income statement using the traditional format; then prepare Pastore's contribution margin income statement Begin by preparing the projected income statement using the traditional format. (Round your answers to the nearest whole dollar. Enter losses with parentheses or minus sign.) Pastore Drycleaners Projected Income Statement Month Ended March 31 Dry cleaning revenue Fixed costs Gross proft Operating costs Operating income (loss) Payroll costs Sales commissions Variable costs Pastore Drycleaners has capacity to clean up to 12,000 garments per month. (Click the icon to view the cost schedule.) Assume that Pastore charges customers $10 per garment for dry cleaning. Prepare Pastore's projected income statement if 4,300 garments are cleaned in March. First, prepare the income statement using the traditional format; then prepare Pastore's contribution margin income statement Begin by preparing the projected income statement using the traditional format. (Round your answers to the nearest whole dollar. Enter losses with parentheses or minus sign.) Pastore Drycleaners Projected Income Statement Month Ended March 31 Dry cleaning revenue Fixed costs Gross proft Operating costs Operating income (loss) Payroll costs Sales commissions Variable costs
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