Prepare a 2016 income statement through gross profit for Dvorak Company, using the variance data in Practice Exercises -1B, -2B, -3B, and -4B. Assume Dvorak sold 1,000 units at $90 per unit.
The following are inputs and outputs to the cooking process of a restaurant:
Number of times ingredients are missing
Number of customer complaints
Number of hours kitchen equipment is down for repairs
Number of server order mistakes
Percent of meals prepared on time
Number of unexpected cook absences
Identify whether each is an input or output to the cooking process.
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