CourseLover

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Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 287 Weeks Ago
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  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

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  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 17 Dec 2017 My Price 10.00

prepare traditional income statement

total sales revenue 150,000

selling price per pair of skis 750

variable selling expense per pair of skis 50

variable administrative expense per pair of skis 10

total fixed selling expense 20,000

total fixed administrative expense 20,000

beginning merchandise inventory 30,000

ending merchandise inventory 40,000

merchandise purchase 100,000

 

prepare traditional income statement for the quarter ended March 31

prepare a contribution format income statement for the quarter ended March 31

What is the contribution toward fixed expenses and profits for each pair of skis sold during the quarter?

Answers

(12)
Status NEW Posted 17 Dec 2017 09:12 AM My Price 10.00

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