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The Sundae toe Cream Shoppe sold 9,400 servings of ice cream during June for $4 per serving The shop purchases the ice cream in large

The Sundae toe Cream Shoppe sold 9,400 servings of ice cream during June for $4 per serving The shop purchases the ice cream in large tuos from the Florida Ice Cream Company Each tub costs the shop 50 and has enough ice cream to fi 15 ice cream cones. The shop purchases the ice cream cones for $0.05 each from a local warehouse club Located in an outdoor mail, the rent for the shop space is $2,050 per month. The shop axpenses $200 a month for the depreciation of the shop's furniture and equipment. During June, the shop inicured an additional $2.300 of other operating expenses (75% of these were fixed costs) Read the requirements Requirement 1. Prepare The Sundae Ice Cream Shoppe's June income statement using a traditional format Sales revenue Lest The Sundae Ice Cream Shoppe Income Statement For the Month Ended June 30 Cost of goods sold Cross profit Less Operating expenses Lease expense Depreciation expense Omer Operwing expenses Operating income Requirement 2. Prepare The Sundee Ice Cream Shoppe's June income statement using a contribution margin fo The Sendse ice Cream Shoppe Contribution Margin income Statement For the Month Ended June 30 Less Read the Quirements dment. During June, the shop incurred an additional $2.300 of other operating expenses (75% of these were fed c wirehouse che. Located in an outdoor mat, the rent for the shop space in $2.00 per month. The ship $200 a month to the depreciation of the 18 Cam Company Each costs the shop 50 and has enough ice cream CID Lease expense Depreciation expense Other Operating exper Operating income Requirement 2. Prepare The Sundae loe Cream Shoppe's June income statement using a contribution margin format The Sundas Ice Cream Shoppe Contribution Margin Income Statement For the Month Ended June 30 Less Lese

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