Rogell Academic Services $($RAS$)$ provides tutoring and test preparation services for children and young adults. Employees include a director and six facilitators. The director manages all marketing and administrative activities, sometimes with the help of one of the other employees. RAS offers four basic services and accounts for each one separately. The services are Group Tutoring $($Group$),$ Personalized Tutoring $($Pers$),$ Test Prep $($Test$),$ and Coding $($Code$).$ The facilitators record the time spent on each service in the RAS computer system. Time spent in training, planning, or when demand is temporarily low is recorded as Not Billed $($NB$).$

Selected operating data for October follow:

$\backslash$table$[[,$NB$,$Group,Pers,Test,Code$],[$Sales revenue,,$$,8,370,$$ $$,8,380],[$Direct labor $($in hours$),50,9,170450,8,370$

$120,7,270160,8,380170],[$Direct overhead traceable to departments,,,,,$],[$Equipment$,,$$ $1,635,$$ $685,$$ $875,2,035],[$Supplies$,,395,315,505,725],[$Miscellaneous$,,255,195,525,795]]$

Other Data

The six facilitators all make $$18$ per hour. A bonus of $$5$ per hour is paid for facilitating the coding service.

The director earns $$4,640$ per month.

Overhead that cannot be directly traced to a service, which amounted to $$3,705$ in October, is allocated among the four services plus the Not Billed "service" based on the number of direct labor$-$hours used.

Marketing costs $($in addition to the director's salary$)$ in October amounted to $$905.$

Other administrative costs $($in addition to the director's salary$)$ in October were $$595.$

Revenue transactions are cash; all other transactions are on account.

Required:

Management wants to know whether each service is contributing to the company's profit. Prepare an income statement for October that shows the revenue and cost for each service,

Note: Do not round intermediate calculations. Loss amounts should be indicated with a minus sign.

$\backslash$table$[[$ROGELL ACADEMIC SERVICES,$],[$Income Statement,,$],[,$Group the Month Ended October $31,$Pers,Test,Code,Total$],[$Revenue$,,,,,],[$Cost of services:,,,,,$],[$Labor$,,,,,],[$Direct overhead,,,,,$],[$Indirect overhead,,,,,$],[$Total costs of services,,,,,$],[$Department margin,,,,,$],[$Less other costs:,,,,,$],[$Unassigned labor costs,,,,,$],[\backslash$table$[[$Unassigned overhead indirect$],[$costs$]],,,,,],[\backslash$table$[[$Marketing and administrative$],[$costs$]],,,,,],[$Operating profit $($loss$),,,,,]]$