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Some Company has provided the following information for the Quarter Ended September 30, 2005. You are to prepare a complete Income Statement in good form using variable costing and the contribution margin format. Be sure to include a proper heading. Also, include a complete Cost of Goods Sold section within the Income Statement (with Finished Goods, July 1 shown as 0). You should be able to fit it in the space below without using the back of the page. Assume there is no beginning and no ending inventory of work in process. Do not prepare a Statement of Cost of Goods Manufactured. Show transcribed image text Some Company has provided the following information for the Quarter Ended September 30, 2005. You are to prepare a complete Income Statement in good form using variable costing and the contribution margin format. Be sure to include a proper heading. Also, include a complete Cost of Goods Sold section within the Income Statement (with Finished Goods, July 1 shown as 0). You should be able to fit it in the space below without using the back of the page. Assume there is no beginning and no ending inventory of work in process. Do not prepare a Statement of Cost of Goods Manufactured.
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