The

TastyTasty

Ice Cream Shoppe sold

8 comma 9008,900

servings of ice cream during June for

$ 4$4

per serving. The shop purchases the ice cream in large tubs from the

CreamyCreamy

Ice Cream Company. Each tub costs the shop

$ 11$11

and has enough ice cream to fill

2020

ice cream cones. The shop purchases the ice cream cones for

$ 0.05$0.05

each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is

$ 1 comma 800$1,800

per month. The shop expenses

$ 250$250

a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional

$ 2 comma 000$2,000

of other operating expenses

(7575%

of these were fixed costs).

Requirements

1.	Prepare The TastyTasty Ice Cream Shoppe's June income statement using a traditional format.
2.	Prepare The TastyTasty Ice Cream Shoppe's June income statement using a contribution margin format.

Requirement 1. Prepare The

TastyTasty

Ice Cream Shoppe's June income statement using a traditional format.

The Tasty Ice Cream Shoppe
Income Statement
For the Month Ended June 30
Less:
Less:

Homework: Chapter 06 Graded Homework Sa Score: 0 of 8 pts 4 of 5 (2 complete) HW Score: 16.67%, 5 of 30 P6-64A (similar to) 3 Question Help The Tasty Ice Cream Shoppe sold 8,900 servings of ice cream during June for $4 per serving. The shop purchases the ice cream in large tubs from the Creamy Ice Cream Company. Each tub costs the shop $11 and has enough ice cream to fill 20 ice cream cones. The sh purchases the ice cream cones for $0.05 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $1,800 per month. The shop expenses $250 a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $2,000 of other operating expenses (75% of these were fixed costs). Requirements 1. Prepare The Tasty Ice Cream Shoppe's June income statement using a traditional format. 2. Prepare The Tasty Ice Cream Shoppe's June income statement using a contribution margin format. Requirement 1. Prepare The Tasty Ice Cream Shoppe's June income statement using a traditional format. The Tasty Ice Cream Shoppe Income Statement For the Month Ended June 30 Less: Less: Choose from any list or enter any number in the input fields and then click Check Answer. 1 part I remaining Clear All Check