Question: E6-22A Prepare an income statement in two formats (Learning Objective 6) Refer to The Caf in E6-21A. Assume that the coffee is sold at $3
E6-22A Prepare an income statement in two formats (Learning Objective 6)
Refer to The Café in E6-21A. Assume that the coffee is sold at $3 per cup. Prepare The Café’s projected income statement if 6,600 cups of coffee are served in February. First, prepare an income statement using the traditional format; then prepare a contribution margin income statement for The Café.
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