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would like help understanding how to calculate the attached. Exercise 14-33 Drop Product Line (LO 14-4, 14-5) Day Street Deli's owner is disturbed by the

would like help understanding how to calculate the attached.

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Exercise 14-33 Drop Product Line (LO 14-4, 14-5) Day Street Deli's owner is disturbed by the poor prot performance of his ice cream counter. He has prepared the following profit analysis for the year just ended. Sales $61,000 Less: Cost of food 28,000 Gross profit $33,000 Less: Operating expenses: Wages of counter personnel $15,200 Paper products (e.g., napkins) 5,600 Utilities (allocated) 3,700 Depreciation of counter equipment and furnishings 3,300 Depreciation of building (allocated) 5,600 Deli manager's salary (allocated) 3,800 Total 37,200 Loss on ice cream counter 5(41200) Required: Correct the owner's prot analysis for the yearjust ended. .1 J. Total ' I ' 37,200 Loss on ice cream counter ${4,200) Required: Correct the owner's prot analysis for the yearjust ended

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