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PLEASE According to the income statement provided, complete the second blank form. THANK YOU! Income Statement $ $ 157,000 -22,700 134,300 Revenue less:cost of goods
PLEASE According to the income statement provided, complete the second blank form. THANK YOU!
Income Statement $ $ 157,000 -22,700 134,300 Revenue less:cost of goods sold gross profit operating expenses advertising expenses -20,000 depreciation expenses -36,000 rent expenses -32,000 salaries expenses -36,000 total operating expenses income from operaions other revenues and gains interest revenue other expenses and losses interest expenses income before income taxes income tax expenses net income/losses -124,000 10,300 38,000 -5,000 43,300 5,000 38,300 13 (1) (2) (3) (4) (5) (6) (7) Total Units Average cost per Average selling price fixed Total variable Total costs costs (column (column 4 1 x column 2) + column Sales (column 1 x column 3) unit per unit costs 5) 1 02 1004 4 ] 1 2002 3004 ] 400 5002Step by Step Solution
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