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You have been provided the following information by Mehal and Rahul Emporium. Sales 905,000 Direct Labour - Variable 125,000 Direct Labour - Fixed 150,000 Administration

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You have been provided the following information by Mehal and Rahul Emporium.

Sales 905,000
Direct Labour - Variable 125,000
Direct Labour - Fixed 150,000
Administration Staff - Wage Expense 40,000
Administration Staff - Salary Expense 50,000
Advertising Staff - Salary Expense 60,000
Advertising Staff - Wage Expense 50,000
Direct Material - Fixed 85,000
Direct Material - Variable 65,000
Manufacturing Overhead - Variable 25,000
Manufacturing Overhead - Fixed 20,000
Janitorial Staff - Wage Expense 35,000

REQUIRED:

Using this information, complete the two tables below. You are not required to list each individual accounts such as Administration Staff - Wage Expense or Direct Labour - Fixed. Select the name of the total line such as Fixed Costs or Variable Costs and the dollar amount opposite it.

Table A is the Income Statement prepared using the Gross Margin Format

Table B is the Income Statement prepared using the Contribution Margin Format

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You have been provided the following information by Mehal and Rahul Emporium. Sales 905,000 Direct Labour - Variable 125,000 Direct Labour - Fixed 150,000 Administration Staff - Wage Expense Administration Staff - Salary Expense 40,000 50,000 Advertising Staff - Salary Expense Advertising Staff - Wage Expense 60,000 50,000 Direct Material - Fixed 85,000 Direct Material - Variable 65,000 Manufacturing Overhead - Variable Manufacturing Overhead - Fixed 25,000 20,000 Janitorial Staff - Wage Expense 35,000 REQUIRED Uthmon.com wred to achindividual accounts such as Administration Start- Wape Expense or Direct labore efect the name of the touche amount opposite Answer merred to tech individual accounts such as Administration Star Wage Expense or Direct Labour. Pored Select the name at hortando amount oportet me

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