Solved: WHITCOMB FOODS Projected Annual Income Statement Status Quo: Single Product % Increase ( Decrease ) Alternative: Two Products

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WHITCOMB FOODS
Projected Annual Income Statement
Status Quo: Single Product % Increase (Decrease) Alternative: Two Products
Difference
Sales 30 % $195,000
Costs
Material 30,000 40 % 42,000 12,000
Labor 20 %
Rent 0 %
Depreciation 6,000 25 % 7,500 1,500
Utilities 3,000 25 %
Other 10,500  % 15,750 5,250
Total costs $114,000
Operating profit $36,000  %

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