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Fill in all the missing spaces of this Income Statement. Round to the nearest dollar...

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Accounting

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Fill in all the missing spaces of this Income Statement. Round to the nearest dollar and tenth of a percent. Follow the above examples. Your percentages may not total out exactly due to rounding. (1 mark sach: Total 10 marks) Income Statement January Sales I Food 80.8% Liquor $4,056 0.05% Beer $5,341 Wine $6,098 Total sales: 480,927 100.00% Cost of sales Food $18,000 22.2% Liquor $ 0.01% Beer $1,278 Wine $5,410 Total cost of sales $25,788 31.9% Labour costs: Management salaries $7,222 0.09% Hourly staff wages $17,786 22% Payroll taxes $ Worker's compensation $1,211 0.01% Group medical insurance $478 Other employee benefits $195 0.002% Total labour costs $30,000 37.1% Prime Cost 68.9%

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