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xxx xxxxxx Deli’s xxxxx is xxxxxxxxx xx the xxxx profit performance xx his xxx cream xxxxxxxx xx has prepared the xxxxxxxxx profit xxxxxxxx for xxx year xxxx ended.
Less: Cost of xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxx
Gross xxxxxx $25,000
Less: Operating expenses:
Wages of xxxxxxx personnel_____________________________________$12,000
xxxxxx products (e.g. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 4,000
Utilities xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 2,900
xxxxxxxxxxxxx xx counter equipment xxx furnishings__________________ xxxxx
xxxxxxxxxxxxx xx building xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 4,000
xxxxx manager’x xxxxxx (allocated)_________________________________ 3,000
Loss xx xxx cream counter$(3,400)
xxxxxxxxx xxxxxxxxx and correct xxx owner’x analysis.
xxx xxxxx should xxx xxxxxxx xxx Depreciation xx xxxxxxxxx xxxx xxxxxxx’x xxxxxx xxx utilities xxxxxxx xxxxx xxx xxxxxxxxx xxxxxx All those xxxxxxxxxxxxxx which xxx xxx capable xx being xxxxxxxxxx xxxxxxxx xx x particular xxxxxxx xx service or xxxx xxxxxx xxx called xxxxxxxx costs/expenses.
xx generally xxx that xxxx xxxxxxxx costs (identified xx xxxxxxxx materials), some xxxxxxxxxxxx xxxxx xxxxxxxxxxx xx xxxxxxxx xxxxxxxxxxxxxx xxxxxxxxxxxx costs, salaries xx xxxxxx warehousing xxxxx xxx are of xxxx a xxxxxxx
xxxxx costs are collectively xxxxxx xxxxxxxxxx
If xxx owner xxxx for xxxxxxxx costing, only xxx variable xxxxx xxx to be xxxxxxxxxxx
Less: xxxx xx
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