Question: More Practice or Homework Problem - Toy Store Revenue: Quantity of toys sold Average sale price of toys ____ ..5,000 toys sold $40 60% per
More Practice or Homework Problem - Toy Store Revenue: Quantity of toys sold Average sale price of toys ____ ..5,000 toys sold $40 60% per toy of selling price Purchase Price from Toy Supplier 8,000 per month Rent Complimentary Shipping to customers Sales Salaries+ commissions Advertising Depreciation on department laptops $5 per toy sold $3,000, permonth,plus-10% of sales $2,000 per month Depreciation on office equipment Offsite billing department Administrative salaries Employee benefits r month $800 per month $6,000 per month $1,000 per month, plus $1 per toy sold 20% of administrative salaries Toy Store Traditional Income Statement For the month ended December 31 (see page 8 for example)
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