Question

Refer to the Peltier Drycleaners in E6-40B. Assume that Peltier charges customers $ 6 per garment for dry cleaning. Prepare Peltier’s projected income statement if 4,280 garments are cleaned in March. First, prepare the income statement using the traditional format; then prepare Peltier’s contribution margin income statement.



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  • CreatedAugust 27, 2014
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