Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Get detailed and precise answers to your questions from a dedicated community of experts on our Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.
Sagot :
From the income statement, it can be deduced that the net profit of Alpine house will be $8000.
How to calculate new profit
From the complete information, the net profit will be calculated thus:
Total sales revenue = $150000
Less: Cost of sales = $90000
Gross profit = $60000
Less: Variable selling expense = $10000
Less: Variable administrative expenses = $2000
Less: Total fixed selling expense = $20000
Less: Total fixed adminstrative expense = $20000
Net profit = $8000
In conclusion, the net profit is $8000.
Learn more about net profit on:
https://brainly.com/question/4177260
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.
