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Pillard Drycleaners has capacity to clean up to 12.000 garments per month. @ {Click the icon to View the cost schedule.) Assume that Dillard charges
Pillard Drycleaners has capacity to clean up to 12.000 garments per month. @ {Click the icon to View the cost schedule.) Assume that Dillard charges customers $8 per garment for dry.f cleaning. Prepare Pillard's projected income statement if 4,280 garments are cleaned in March. :irst, prepare the income statement using the traditional format; then prepare Pillard'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.) Pillard Drycleanere Projected Income Statement Month Ended March 31 II I Less: :; ; X Data table 9,000 10,500 12,000 Garments Garments Garments Total variable costs $ 6,750 $ 7,875 $ 9,000 Total fixed costs 25,200 25,200 25,200 $ Total operating costs 31,950 $ 33,075 $ 34,200 Variable cost per garment $ 0.75 $ 0.75 $ 0.75 Fixed cost per garment 2.80 2.40 2.10 $ Average cost per garment 3.55 $ 3.15 $ 2.85
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