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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: (Click the icon to
Total Glass Company repairs chips in car windshields. The company incurred the following operating costs for the month of March 2018: (Click the icon to view the operating costs.) Total Glass Company earned $25,000 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. Total Glass Company Data table Income Statement Month Ended March 31, 2018 $ Requirements Revenues 8,000 4.800 250 1. Expenses Salaries and wages Windshield repair materials Depreciation on truck Depreciation on building and equipment Supplies used Utilities 600 2. 3. Prepare an income statement for the month of March Compute the cost per unit of repairing one windshield. The manager of Total Glass Company must keep unit operating cost below $70 per windshield in order to get his bonus. Did he meet the goal? 450 2.400 Print Done Print Done Total Expenses 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 $70 per windshield in order to get his bonus. Did he meet the goal? Did the manager meet the goal
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