The Dairy Ice Cream Shoppe sold 9,100 servings of ice cream during June for $2 per serving. The shop purchases the ice cream in large tubs from the Georgia Ice Cream Company. Each tub costs the shop $15 and has enough ice cream to fill 30 ice cream cones. The shop purchases the ice cream cones for $0.20 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $1,850 per month. The shop expenses $210 a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $2,800 of other operating expenses (75% of these were fixed costs). Read the requirements Requirement 1. Prepare The Dairy Ice Cream Shoppe's June income statement using a traditional format. The Dairy Ice Cream Shoppe Income Statement For the Month Ended June 30 Less: Less: Requirement 2. Prepare The Dairy Ice Cream Shoppe's June income statement using a contribution margin format. The Dairy Ice Cream Shoppe Contribution Margin Income Statement The Dairy Ice Cream Shoppe sold 9,100 servings of ice cream during June for $2 per serving. The shop purchases the ice cream in large tubs from the Georgia Ice Cream Company. Each tub costs the shop $15 and has enough ice cream to fill 30 ice cream cones. The shop purchases the ice cream cones for $0.20 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $1,850 per month. The shop expenses $210 a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $2,800 of other operating expenses (75% of these were fixed costs). Read the fequirements Requirement 2. Prepare The Dairy Ice Cream Shoppe's June income statement using a contribution margin format. The Dairy Ice Cream Shoppe Contribution Margin Income Statement For the Month Ended June 30 Less: Less