Create a Proforma Income Statement. Assume you are selling all units you produced during the...
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Accounting
Create a Proforma Income Statement. Assume you are selling all units you produced during the month.
- Determine the sales price of your product.
- Calculate the following for one month of sales:
- Total Revenue
- Cost of Goods Sold
- Gross Profit
- Identify and quantify at least two Period costs incurred by your company.
- Present a Proforma Income Statement for the one month of operations.
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