Andres sold 2000 units in october prepare an income


Question - Andres Napkin Company sells a product for $80 per unit. Variable costs are $25 per unit, and fixed costs are $4,000 per month. Andres sold 2,000 units in October. Prepare an income statement for October using the contribution margin format.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Andres sold 2000 units in october prepare an income
Reference No:- TGS02829800

Now Priced at $20 (50% Discount)

Recommended (98%)

Rated (4.3/5)