Question: Take a Test - jared Gross - Google Chrome 0 mathxl.com/Student/PlayerTest.aspx?testld=225701222¢erwin=yes ACG3301_Spring 2021 jared Gross | 03/01/21 8:30 PM Quiz: Chapter 6 Quiz Submit Quiz

Take a Test - jared Gross - Google Chrome 0 mathxl.com/Student/PlayerTest.aspx?testld=225701222¢erwin=yes ACG3301_Spring 2021 jared Gross | 03/01/21 8:30 PM Quiz: Chapter 6 Quiz Submit Quiz This Question: 1 pt 1 3 of 3 (3 complete) This Quiz: 3 pts possib The Yummy Ice Cream Shoppe sold 9,400 servings of ice cream during June for $4 per serving. The shop purchases the ice cream in large tubs from the Organic Ice Cream Company. Each tub costs the shop $12 and has enough ice cream to fill 30 ice cream cones. The shop purchases the ice cream cones for $0.25 each from a ocal warehouse club. Located in an outdoor mall, the rent for the shop space is $1,950 per month. The shop expenses $290 a month for the depreciation of the shop's furniture and equipment During June, the shop incurred an additional $2,400 of other operating expenses (75% of these were fixed costs). Read the requirements Operating income Requirement 2. Prepare The Yummy Ice Cream Shoppe's June income statement using a contribution margin format The Yummy Ice Cream Shoppe Contribution Margin Income Statement For the Month Ended June 30 Sales revenue 37 600 Less Variable expenses Cost of goods sold Other variable operating expenses Contribution margin Less Fixed expenses Lease expense 1,950 Depreciation expense 290 Other fixed operating expenses Operating income Choose from any list or enter any number in the input fields and then continue to the next question. O BCAVALO
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