Exercise 14-33 Day Street Delis owner is disturbed by the poor profit performance of his...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Exercise 14-33
Day Street Delis owner is disturbed by the poor profit performance of his ice cream counter. He has prepared the following profit analysis for the year just ended.
Sales $45,000
Less Cost of food 20.000
Gross profit $25,000
Less Operating expenses
Wages of counter personnel $12,000
Paper products (e g , napkins) 4.000
Utilities (allocated) 2.900
Depreciation of counter eguipment and furnishings 2.500
Depreciation of building (allocated) 4.000
Deli managers salary (allocated) 3.000
Total 28,400
Loss on ice cream counter $(3,400)
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.