Salesa CGSb Gross profit FOC Depreciation EBIT Interest Earnings before taxes EXHIBIT 1 Income Statement of...

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Salesa CGSb Gross profit FOC Depreciation EBIT Interest Earnings before taxes EXHIBIT 1 Income Statement of the Copier Operation $15,000,000 9,000,000 a10,000 copiers at $1,500 a unit. 6,000,000 5,500,000 600,000 (100,000) 750,000 (850,000) bCost of goods sold. Includes direct labor and material costs. $900 per copier. Fixed operating costs. Doesn't include depreciation. Does include items such as supervisory salaries, marketing expenses, secretarial support, property taxes, and corporate fees. Salesa CGSb Gross profit FOC Depreciation EBIT Interest Earnings before taxes EXHIBIT 1 Income Statement of the Copier Operation $15,000,000 9,000,000 a10,000 copiers at $1,500 a unit. 6,000,000 5,500,000 600,000 (100,000) 750,000 (850,000) bCost of goods sold. Includes direct labor and material costs. $900 per copier. Fixed operating costs. Doesn't include depreciation. Does include items such as supervisory salaries, marketing expenses, secretarial support, property taxes, and corporate fees.