Operating data for Krystal Corporation are presented below. 2013 2012 Net sales P750,000 P600,000 Cost of goods sold 465,000 390,000 Selling expenses 120,000 72,000 Administrative expenses 60,000...


Operating data for Krystal Corporation are presented below.<br>2013<br>2012<br>Net sales<br>P750,000<br>P600,000<br>Cost of goods sold<br>465,000<br>390,000<br>Selling expenses<br>120,000<br>72,000<br>Administrative expenses<br>60,000<br>54,000<br>Income tax expense<br>33,000<br>24,000<br>Net income<br>72,000<br>60,000<br>Instruction:<br>Prepare a schedule showing a vertical analysis for 2013 and 2012.<br>

Extracted text: Operating data for Krystal Corporation are presented below. 2013 2012 Net sales P750,000 P600,000 Cost of goods sold 465,000 390,000 Selling expenses 120,000 72,000 Administrative expenses 60,000 54,000 Income tax expense 33,000 24,000 Net income 72,000 60,000 Instruction: Prepare a schedule showing a vertical analysis for 2013 and 2012.

Jun 02, 2022
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