Diversified Products, Inc.

Income Statement
for the month ended December 31 - 2013

Sales
Less: Expenses
Printing costs
Advertising
General Sales
Asalaries
Equipment Depreciation
Sales Commissions
General Admistration
Warehouse rent
Depreciation - Office Facilities
Total Expenses
Net Operating Income (loss)

total
300,000
102,000
36,000
18,000
33,000
9,000
30,000
42,000
12,000
3,000
293,471
6,529

Cookbook
90,000
27,000
13,500
7,941
18,000
2,700
9,000
14,000
1,800
1,000
94,941
(4,941)

Travel Guide
150,000
63,000
19,500
13,235
9,000
4,500
15,000
14,000
6,000
1,000
145,235
4,765

Diversified Products, Inc.

Income Statement
for the month ended December 31 - 2013
total
Cookbook
Travel Guide
Sales
Less: Absorbed Expenses
Printing costs
Advertising
General Sales
salaries
Equipment Depreciation
Sales Commissions
General Admistration
Warehouse rent
Depreciation - Office Facilities

total Absorbed Expenses

Unabsorbed Expenses
Equipment Depreciation
Warehouse rent

total Unabsorbed Expenses

total Expenses
Net Operating Income (loss)

210,000

150,000

75,000
22,500
18,000
15,000
6,300
21,000
42,000
6,300
3,000
209,100

63,000
19,500
63,000
9,000
4,500
15,000
1,350
4,500
2,700
182,550

2,700
2,700
5,400
214,500
(4,500)

182,550
(32,550)

Handy Speller
60,000
12,000
3,000
5,294
6,000
1,800
6,000
14,000
4,200
1,000
53,294
6,706

Handy Speller
60,000
12,000
3,000
25,200
6,000
1,800
6,000
1,350
1,800
2,700
59,850

59,850
150