Answer the requirement 2. and also show all the calculations step by step ...

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Accounting

Answer the requirement 2. and also show all the calculations step by step image
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Darla's Ice Cream Shoppe sold 9,400 servings of ice cream during June for $5 per serving. The shop purchases the ice cream in large tubs from the Creamy Ice Cream Company. Each tub costs Darla $14 and has enough ice cream to fill 35 ice cream cones. Darlapurchases the ice cream cones for $0.20 each from a local warehouse club. The shop is located in a local strip mall, and she pays $2,000 a month to lease the space. Darla expenses $240 a month for the depreciation of the shop's furniture and equipment. During June, Darla incurred an additional $2,600 of other operating expenses (75% of these were fixed costs). Requirements 1. Prepare Darla's June income statement using a traditional format. 2. Prepare Darla's June income statement using a contribution margin format. Requirement 1. Prepare The Darla Ice Cream Shoppe's June income statement using a traditional format. The Darla Ice Cream Shoppe Income Statement For the Month Ended June 30 Sales revenue $ 47,000 Less: Cost of goods sold 5,640 Gross profit 41,360 Less: Operating expenses Lease expense 2,000 Depreciation expense 240 Other Operating expenses 2,600 36,520 Operating income $ $ Requirement 2. Prepare The Darla Ice Cream Shoppe's June income statement using a contribution margin format. The Darla Ice Cream Shoppe Contribution Margin Income Statement For the Month Ended June 30 Less: Less

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