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Accounting

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Instructions Slapshot Company makes ice hockey sticks and sold 1,320 stick during the month of June at a total cost of 9436,800. Each stick sold at a price of $400. Slapshot also incurred two types of selling costs: commissions equal to 10% of the sale price and other selling expense of $84,200. Administrative expense totaled $52,200 Required: Prepare an income statement for Slapshot for the month of June. Refer to the Ast below for the exact wording of labels or amount descriptions on the income statement. Labels Add For the Month of June June 30 Less Selling expenses Amount Descriptions Administrative expenses Commissions Cost of goods manufactured Labels and Amount Descriptions Bumabu auve Games Commissions Cost of goods manufactured Cost of goods sold Fixed selling expenses Gross margin Operating income Operating loss Purchases Sales revenue Total selling expenses Income Statement Prepare an income statement for Stapshot for the month of June. Refer to the list of Labels and Amount Descriptions for the exact wording of text entries on the come statement sure to complete the statement heading, Slapshot Company Income Statement (Label 1 2 5 Label Income Statement (Label) 1 2 3 (Label 5 (Label

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