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Staphat Company makes ice hockey sticks and sold 1,820 sticks during the month of June at a total cost or S418,600. Esch suick sold at
Staphat Company makes ice hockey sticks and sold 1,820 sticks during the month of June at a total cost or S418,600. Esch suick sold at a price of $400 Siapshot also incurred two types of selling costs commissions equal to 10% of the sales price and otherseling expense of 564 200 Administrative expense totaled $52200 Required: Prepare an income statement for Slapshot for the month of June and calculate the percentage of sales revenue represented by each ine of the Income statement come Statment Sipshot Company Income Statement 304 (Label Percent end Labels and Amount Descriptions Amount Descritions Administrative expense Variable commissions Cost of goods manufactured Cost of goods sold Frihed rods inventory Fixed selling experts Orods ago Operating income Oro 1 Total
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