How to make a traditional income statement with costs organized by function
Selling:
Advertising: $950 per month
Deleivery of television: $40 per TV
Sales salaries and commisions: $2900 plus 4 percent of sales
Utilities $400 per month
Depriciation of sales facilities:$ 3000 per month

Administrative:
Executive salaries: $8000 per month
Depriciation of office equipment: $500 per month
Clerical: $1500 per month plus $40 per television sold
Insurance: $400 per month

During April the company sold and delieverd 150 televisions
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Prepare a contribution and traditional format income statement
For contribtuion costs organized by behaviour and traditionasl cost organized by finction