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Total Glass Company repairs chips in car windshields. The company incurred the following operating costs for the month of March 2018: E: (Click the icon
Total Glass Company repairs chips in car windshields. The company incurred the following operating costs for the month of March 2018: E: (Click the icon to view the operating costs.) Total Glass Company earned $26,000 in service revenues for the month of March by repairing 300 windshields. All costs shown are considered to be directly related to the repair service. Read the requirements. Requirement 1. Prepare an income statement for the month of March. (Check your spelling carefully and do not abbreviate.) Total Glass Company Income Statement Month Ended March 31, 2018 Revenues: Data Table Expenses: Salaries and wages $ 13,000 4,700 450 Windshield repair materials Depreciation on truck Depreciation on building and equipment Supplies used 1,300 700 Utilities 2,990 Total Expenses Print Done Operating Income (Loss) Requirement 2. Compute the cost per unit of repairing one windshield. (Round your answer to the nearest cent.) Cost per windshield = $ Requirement 3. The manager of Total Glass Company must keep unit operating cost below $80 per windshield in order to get his bonus. Did he meet the goal? Did the manager meet the goal
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