Rizzuto Company supplied the following information for the month of January.
Cost of goods sold percentage 62%
Selling expense percentage 6%
Administrative expense 13%
Required: Reconstruct Rizzuto's Income Statement for January assuming that the total sales revenue for the month equalled $500,000.

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The Answer of Rizzuto Company supplied the following information for the month of January.
Cost of goods sold percentage 62%
Selling expense percentage 6%
Administrative expense 13%
Required: Reconstruct Rizzuto's Income Statement for January assuming that the total sales revenue for the month equalled $500,000.

Rizzuto Company Supplied the Following Information for the Month of January