How does the income statement shown in Exhibit 2.8 help internal decision makers perform cost-volume-profit analysis? Exhibit
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How does the income statement shown in Exhibit 2.8 help internal decision makers perform cost-volume-profit analysis?
Exhibit 2.8
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Total sales revenues ($11 x 720 boxes of chocolates) Less total variable costs: Cost of boxes of chocolate sold ($4.95 x 720 boxes) Total contribution margin Less total fixed costs: Rent expense Salaries expense Consulting expense Advertising expense Supplies expense Sweet Temptations Projected income statement For the month ended 31 January 20X1 Depreciation expense: display cases Telephone and utilities expense Total fixed costs Profit These figures are GST inclusive. $1 100* 2360 220* 231* 30 19 275* $ 7920* (3 564*) $4356 (4 235) $ 121
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Related Book For
Accounting Information For Business Decisions
ISBN: 9780170253703
2nd Edition
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh, Geoff Slaughter, Sharelle Simmons
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