Week $6$ Question $9$

Day Street Deli's owner is disturbed by the poor profit performance of his ice cream counter. He has prepared the following profit $16,400 analysis for the year just ended. Sales Less: Cost of food Gross profit Less: Operating expenses: Wages of counter personnel napkins) Paper products (e.g., Utilities (allocated) Depreciation of counter equipment and Depreciation of building (allocated) Deli manager's salary (allocated) Total Loss on ice cream counter Required: furnishings $67 , 31, $36, 6,200 4, 3,600 6,200 40, 500 Correct the owner's profit analysis for the year just ended. Answer is not complete. Sales Less: Cost of food Gross profit Less: Operating expenses Depreciation of counter equipment and furnishings Sales Wages of counter personnel Paper products Total Profit on ice cream counter