information, please prepare income statements using both traditional and contribution formats Items Amount (Tk.) Sales 7,50,000.00 Direct materials 2,47,000.00 Direct wages 87,000.00 Salary 36,000.00 Factory Rent 40,000.00 Electricity 12,600.00 Depreciation 28,000.00 Insurance 22,000.00 Utilities 27,000.00 Conveyance 24,000.00
information, please prepare income statements using both traditional and contribution formats Items Amount (Tk.) Sales 7,50,000.00 Direct materials 2,47,000.00 Direct wages 87,000.00 Salary 36,000.00 Factory Rent 40,000.00 Electricity 12,600.00 Depreciation 28,000.00 Insurance 22,000.00 Utilities 27,000.00 Conveyance 24,000.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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B. Considering the following information, please prepare income statements using both traditional and contribution formats
Items Amount (Tk.)
Sales 7,50,000.00
Direct materials 2,47,000.00
Direct wages 87,000.00
Salary 36,000.00
Factory Rent 40,000.00
Electricity 12,600.00
Depreciation 28,000.00
Insurance 22,000.00
Utilities 27,000.00
Conveyance 24,000.00
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