Given...At 8,000 Jackets: Jacket cost=48,000, Rent cost=3,600, Utilities cost=6,800; At 10,000 Jackets: Jacket cost=60,000, Rent cost=3,600, Utilities cost=8,300...Jacket sells are for $14.50...Need to compute total variable cost if 9,000 jackets are sold.
And then also, how do I prepare a contribution format income statement for sales volume of 10,000 jackets with the given information...I plugged in the numbers: Sales =$145,000; Variable Expenses: Jacket cost=$60,000, Utilities costs=Cannot find, Contribution Margin=Cannot find, Fixed expenses: Utilities cost=Cannot find, Rent cost=$3,600, Net incoe=Cannot find...Please assisst..Thanks!
And then also, how do I prepare a contribution format income statement for sales volume of 10,000 jackets with the given information...I plugged in the numbers: Sales =$145,000; Variable Expenses: Jacket cost=$60,000, Utilities costs=Cannot find, Contribution Margin=Cannot find, Fixed expenses: Utilities cost=Cannot find, Rent cost=$3,600, Net incoe=Cannot find...Please assisst..Thanks!