ACTG 2P12 Chapter Notes - Chapter 13: Fixed Cost, Variable Cost, Income Statement

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Units = fc + nibt / spu - vcu = fc + nibt / cmu. Sales revenue = fc + nibt / (spu - vpu / spa) = fc + nibt / cmr. Moira mondragon tells fortunes for rich clients who need her assistance in making important decisions. She has gathered the following information regarding her costs: The depreciation relates to the facility where moira meets her clients. It has been carefully decorated and meticalously arranged to provide the right atmostphere. Commissions are the fees paid to her network of contacts who provide referrals to her - these include doctors, psychologists, social workers and police. The research is the fact finding that must be carefully done before each appointment. On average she does 20 readings per month. Prepare a contribution format income statement for moira"s firm at the current level of activity.

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