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Quiz: Chapter 6 Quiz This Question: 1 pt 3 of 3 (3 complete) This Quiz: 3 pts possible The Yummy Ice Cream Shoppe sold 9,400

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Quiz: Chapter 6 Quiz This Question: 1 pt 3 of 3 (3 complete) This Quiz: 3 pts possible The Yummy Ice Cream Shoppe sold 9,400 servings of ice cream during June for $4 per serving. The shop purchases the ice cream in large tubs from the Organic Ice Cream Company. Each tub costs the shop $12 and has enough ice cream to fill 30 ice cream cones. The shop purchases the ice cream cones for $0 25 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $1,950 per month The shop expenses $290 a month for the depreciation of the shop's furniture and equipment During June, the shop incurred an additional $2,400 of other operating expenses (75% of these were fixed costs) Read the requirements The Yummy Ice Cream Shoppe Income Statement For the Month Ended June 30 Sales revenue 37,600 Less Cost of goods sold Gross profit Less Operating expenses Depreciation expense 290 Other Operating expenses 2,400 Lease expense 1,950 Operating income quirement 2. Prepare The Yummy Ice Cream Shoppe's June income statement using a contribution margin format

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