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The Fantastic loe Cream Shoppe sold 8,800 servings of ice cream during June for $5 per serving. The shop purchases the ice cream in large

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The Fantastic loe Cream Shoppe sold 8,800 servings of ice cream during June for $5 per serving. The shop purchases the ice cream in large tube from the Golden le Cream Company. Each tub costs the shop $12 and has enough ice cream to ful 30 ice cream comes. The shop purchases the ice cream cones for $0 15 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $1.750 per month The shop expenses $280 a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $2.500 of other operating expenses 75% of these were fixed costs) Read the requirements CHRIGE Requirement 1. Prepare The Fantastic Ice Cream Shoppe's June income statement using a traditional format. The Fantastic Ice Cream Shoppe Income Statement For the Month Ended June 30 Less: Less: sing a contribution margin format. Requirement 2. Prepare The Fantastic Ice Cream Shoppe's June Income statement using a contribution maruin hormon. The Fantastic Ice Cream Shoppe Contribution Margin Income Statement For the Month Ended June 30 Less: Les

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