please answer both questions thanks
The Old Fashioned Ice Cream Shoppe sold 9,400 servings of ice cream during June for $5 per serving. The shop purchases the ice cream in large fub: the Organic ice Cream Company. Each tub costs the shop $14 and has enough ice cream to fill 28 ice cream cones. The shop purchases the ice crean for $0.20 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $2,000 per month. The shop expenses $220 a Rixe Riquirements 1. Prepare The Old Fashioned Ice Cream Shoppe's June income statement using a traditional format. 2. Prepare The Old Fashioned Ice Cream Shoppe's June income statement using a contribution margin format. The Old Fashioned lce Cream Shoppe sold 9,400 servings of ice cream during June for $5 per sorving. The shop pucchases the ice cream in laxge tubs from the Organic Ice Cream Company. Each tub costs the shop $14 and has enough ice cream to fil 28 ice cream cones. The shop purchases the ico ceamoanes. for $0.20 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $2.000 per month. The shop expenses $20 a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $2,200 of other operating expenses (75\% of these were fixed costs). Read the requirements. Requirement 1. Prepare The Old Fashioned Ice Cream Shoppe's June income stalement using a tradaional format. The Old Fashioned loe Cream Shoppe sold 9.400 servings of ice cream during Jur the Organic loe Cream Compary. Each tub costs the shop $14 and has enough ic for 50.20 each from a local warehouse clut. Located in an outdocr mail, the rent for Read the requirements The Old Fashioned loe Cream Shoppe sold 9,400 servings of ice cream d the Organic loe Cream Company. Each tub costs the shop $14 and has en for $0.20 each from a local warehouse club. Located in an outdoor mali, th the depreciation of the shop's furniture and equipment. During June, the sh fored costs). Read the requirements