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Pillar Drycleaners has capacity to clean up to 10,000 garments per month. (Cick the icon to view the cost schedule) Assume that Pillar charges customers

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Pillar Drycleaners has capacity to clean up to 10,000 garments per month. (Cick the icon to view the cost schedule) Assume that Pillar charges customers $4 per garment for dry cleaning Prepare Pilar's projected income statement if 4,240 garments are cleaned in March. First prepare the income statement using the traditional format, then prepare Pillar'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 a minus sign.) Pilar Drycleaners Projected Income Statement Month Ended March 31 Dry cleaning revenue 16,960 Operating costs Less: Operating income (oss) Next complete the projected contribution margin income statement. (Round your andwers to the nearest whole dolar. Enter losses with parentheses or a minus sign) Pillar Drycleaners Projected Contribution Margin Income Statement Month Ended March 31 16.960 Dry cleaning revenue Less Vanable costs Choose from any list or enter any number in the inout flelds and then continue to the next question X Reference 10,000 8,500 7,000 Garments Garments Garments 5,500 4,675 $ 3,850 $ $ Total variable costs 11,900 11,900 11,900 Total fixed costs 17,400 16,575 $ 15,750 $ Total operating costs 0.55 $ 0.55 0.55 $ Variable cost per garment 1.19 1.40 1.70 Fixed cost per garment 1.74 1.95 $ 2.25 $ $ Average cost per garment Done Print EA Month Ended March 31 Dry cleaning revenue 16,960 Operating costs Less: Operating income (loss) Next complete the projected contribution margin income statement. (Round your answers to the Pillar Drycleaners Projected Contribution Margin Income Statement Month Ended March 31 Dry cleaning revenue 16,960 Less: Variable costs Contribution margin Less: Fixed costs Operating income (loss) Choose from any list or enter any.numberin

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