Please check my Cogs, Income Statement, and Variances. I think the income statement would have the most errors. Thank you!

Milestone Two: Market Research Data You have conducted some market research for style and size of products you want to use to launch your business. The market research has indicated the following sales price ranges will be optimal for your area depending on style of products you choose to sell: - Collars - With pricing at $20 per collar, you can expect to sell 30 collars per day. - With pricing at $24 per collar, you can expect to sell 25 collars per day. - With pricing at $28 per collar, you can expect to sell 20 collars per day - Leashes - With pricing at $22 per leash, you can expect to sell 28 leashes per day. - With pricing at $26 per leash, you can expect to sell 23 leashes per day. - With pricing at $30 per leash, you can expect to sell 18 leashes per day. - Harnesses With pricing at $25 per harness, you can expect to sell 25 harnesses per day. - With pricing at $30 per harness, you can expect to sell 22 harnesses per day. - With pricing at $35 per harness, you can expect to sell 20 harnesses per day. Additionally, you will need to compare your break-even points for the following target profits for each area of your business to determine your prices: - Collars - Break-even - $300 target profit each month 500 target profit each month - Leashes - Break-even - $400 target profit each month - $600 target profit each month - Harnesses - Break-even - $500 target profit each month - $650 target profit each month Remember that all break-even and target points must be in whole units (we cannot sell a partial unit). Round up when calculating partial units to ensure costs are covered. Excel tip-use ROUNDUP function Milestone Two - Contribution Margin Analysis Milestone Two - Break-Even Analysis Milestone Three - Statement of Cost of Goods Sold Beginning Work in Process Inventory Direct Materials: Materials: Beginning Add: Purchases for month of January Materials available for use Deduct: Ending materials Materials Used Direct Labor Overhead Total Costs Deduct: Ending Work in Process Inventory Cost of Goods Sold Milestone Three - Income Statement Revenue: Collars Leashes Harnesses Total Revenue: Cost of goods sold Gross profit Expenses: General and administrative salaries Office supplies Other business equipment Milestone Three - Variance Analysis