Tag The comparative statements of Lucille Company are presented here.

The comparative statements of Lucille Company are presented here. LUCILLE COMPANY Income Statements For the Years Ended December 31 2012 2011 Net sales $1,890,540 $1,750,500 Cost of goods sold 1,058,540 1,006,000 Gross profit 832,000 744,500 Selling and administrative expenses 500,000…

roblem 13-2A The comparative statements of Lucille Company are presented here. LUCILLE COMPANY Income Statements For the Years Ended December 31 2012 2011 Net sales $1,893,173 $1,753,133 Cost of goods sold 1,061,173 1,008,633 Gross profit 832,000 744,500 Selling and administrative…