Documents 2 CHAPTER COST BEHAVIOR AND COST ESTIMATION photo: © Tischenko Irina/Shutterstock.

Slide 12 CHAPTER COST BEHAVIOR AND COST ESTIMATION photo: © Tischenko Irina/Shutterstock Slide 2 2 UNIVERSAL SPORTS’ INCOME STATEMENT Sales$1,039,500 COGS769,230 Gross…

Documents UNIVERSAL SPORTS’ INCOME STATEMENT Sales$1,050,000 COGS777,000 Gross Profit$273,000 Selling and...

Slide 1 Slide 2 UNIVERSAL SPORTS’ INCOME STATEMENT Sales$1,050,000 COGS777,000 Gross Profit$273,000 Selling and administrative expense231,000 Operating income$42,000 Tax…