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-   -   Partial income statement (https://www.askmehelpdesk.com/showthread.php?t=761231)

  • Aug 4, 2013, 08:28 AM
    MsMooney215
    partial income statement
    I'm a little confused as to how to configure the dollar amounts for a partial income statement for year end. Here is what I was given:
    Variable production costs
    *Plastic for casing $98900
    *Wages of assembly workers $378400
    *Drum stands $137600
    *Variable selling costs
    *Sales commissions $90300
    Fixed manufacturing costs
    Taxes on factory $13000
    Factory maintenance $26000
    Factory machinery depreciation $86000
    Fixed sellingand abministrativecosts
    Lease of equipment for sales staff $26000
    Accounting staff salaries $76000
    Administrative management salaries $156000

    How do I compute a partial income statement from this? I've input the (*) part into the statement but confused on the dollar amounts.

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