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Constructs comparative income statement in gross margin

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Reference no: EM132479127

Question - T2 Manufacturing Ltd. manufactures electrical follows:

 

Customer 1

Customer 2

Revenue at list price

$593,500

$102,000

Units sold

75,000

10,000

Units list price

$7.90

$10.20

Cost of good per unit

$5.10

$6.25

Sales discounts

$11,850

$1,020

Customer-specific costs

 

 

Order-taking

$13,600

$1,500

Product-handling

$14,100

$1,350

Delivery

$9,400

$1,290

Required - Constructs comparative income statement in gross margin format with one column for each customer; present customer-specific costs as period expenses.

Reference no: EM132479127

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