Pizza Palace Pizza Palace only sells Pizza Packages for 150.00 each. They are a Pizza Catering Operation. Un-jumble the following income statement and answer the questions below. Interest 3,000 Advertising expenses 3,600 Cost of Dough 5,000 Rent 10,000 Legal Retainer 3,000 Cost of Sauce 10,000 Taxes 12,120 Pizza sales 160,000 Administration expenses 4,000 Cleaning Service expenses 2,000 Cost of Sausage 20,000 Calzone sales 29,000 Salaries and Wages 65,000 (40% Fixed) Cost of Cheese 20,000 Depreciation 1,500 Chicken Sales 31,000 Refunds to Customers 5,000 Cost of Pepperoni 3,000 Benefits 15,000 (35% Fixed) Allowances on Pizza Contracts 3,000

1. Perform the Sales, Cost, Volume equation