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Question 6 You have been provided the following information by Mehal and Rahul Emporium. Sales Direct Labour - Variable Direct Labour - Fixed Administration Staff

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Question 6 You have been provided the following information by Mehal and Rahul Emporium. Sales Direct Labour - Variable Direct Labour - Fixed Administration Staff - Wage Expense Administration Staff - Salary Expense Advertising Staff - Salary Expense Advertising Staff - Wage Expense Direct Material - Fixed Direct Material - Variable Manufacturing Overhead - Variable Manufacturing Overhead - Fixed Janitorial Staff - Wage Expense 905,000 125,000 150,000 40,000 50,000 60,000 50,000 85,000 65,000 25,000 20,000 35,000 Remaining Time Thour 30 minute 34 seconds Question Completion Status Using this information complete the two tables below. You are not required to insteach individual accounts such as Administration Star Wage Expense or Directive Stect the name of the total line such as Fored Costs or Variable costs and the dollar amount opposite it. Table Ass the Income Statement prepared using the Gross Margin Format Table is the income Statement prepared using the contribution Margin Format Antwer TABLE A INCOME STATEMENT USING THE GROSS MARGIN FORMAT SALES NETINCOME TABLE B INCOME STATEMENT USING THE CONTRIBUTION MARGIN FORMAT SALES v

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