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Bauman Sales Corporation, a merchandising company, reported total sales of $4,069,800 for November. ...

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Bauman Sales Corporation, a merchandising company, reported total sales of $4,069,800 for November. ...

Bauman Sales Corporation, a merchandising company, reported total sales of $4,069,800 for November. The cost of goods sold (all variable) was $2,351,100, the total variable selling expense was $204,000, the total fixed selling expense was $117,700, the total variable administrative expense was $102,000, and the total fixed administrative expense was $267,000.

Required:

a. Prepare a contribution format income statement for November.

b. Prepare a traditional format income statement for November.

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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More solutions for this book are available here

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Helped a lot

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