Total fixed admini trative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases $ 1 4

 

Total fixed admini$š$trative expense

Beginning merchandise inventory

Ending merchandise inventory

Merchandise purchases

$$14,000$

$$9,000$

$$23,000$

$$86,000$

Required:

Prepare a traditional income statement.

Prepare a contribution format income statement.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Prepare a contribution format income statement.

 

Answer rating: 100% (QA)

Traditional Income Statement Sales 100000 Cost of Goods Sold ... View the full answer