Question: 2499956 page maritaj.ps Time left 1:24:12 A&P is inte ested in predicting its income statement for the year 2021. The company estimates that its sales

2499956 page maritaj.ps Time left 1:24:12 A&P is inte ested in predicting its income statement for the year 2021. The company estimates that its sales in 2021 will be $3500000. Using the fixed and variable cost data. Find the following: A&P Company Income statement For the Year Ended December 31, 2020 Sales 2000000 Less: Cost of goods sold Variable cost 1450000 Fixed cost 10000 Gross profit 540000 Los: Operating expenses Selling excepto fall variable) 20000 Uy xperial Variable 34000 Deprecatione consola carico Doerno pro 280000 Lost interest on and 00 Less: Operating expenses Time left 1:24:02 Selling expense (all variable) Utility expense (all variable) ZUOVO 34000 Depreciation expensefall variable) Operating profit 6000 480000 Less: Interest expense ( all fixed) 12000 Net profit before taxes 468000 Less: Taxes (10%) Net profit after taxes 46800 421200 A&P's Total cost of goods sold in 2021: A&P's Depreciation Expense in 2021: A&P's Total operating expenses in 2021 A&P's Net profit after taxes in 2021: 2499956 page maritaj.ps Time left 1:24:12 A&P is inte ested in predicting its income statement for the year 2021. The company estimates that its sales in 2021 will be $3500000. Using the fixed and variable cost data. Find the following: A&P Company Income statement For the Year Ended December 31, 2020 Sales 2000000 Less: Cost of goods sold Variable cost 1450000 Fixed cost 10000 Gross profit 540000 Los: Operating expenses Selling excepto fall variable) 20000 Uy xperial Variable 34000 Deprecatione consola carico Doerno pro 280000 Lost interest on and 00 Less: Operating expenses Time left 1:24:02 Selling expense (all variable) Utility expense (all variable) ZUOVO 34000 Depreciation expensefall variable) Operating profit 6000 480000 Less: Interest expense ( all fixed) 12000 Net profit before taxes 468000 Less: Taxes (10%) Net profit after taxes 46800 421200 A&P's Total cost of goods sold in 2021: A&P's Depreciation Expense in 2021: A&P's Total operating expenses in 2021 A&P's Net profit after taxes in 2021
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