Business, 21.02.2020 03:50 20vmiller

Diversified Products, Inc., has recently acquired a small publishing company that offers three books for sale—a cookbook, a travel guide, and a handy speller. Each book sells for $12. The publishing company’s most recent monthly income statement is shown below. Product line Total Company Cookbook Travel Guide Handy Speller Sales $ 345,000 $ 108,000 $ 168,000 $ 69,000 Expenses: Printing costs 111,000 36,000 63,900 11,100 Advertising 45,000 14,400 24,000 6,600 General sales 20,700 6,480 10,080 4,140 Salaries 42,000 21,500 9,900 10,600 Equipment depreciation 8,400 2,800 2,800 2,800 Sales commissions 34,500 10,800 16,800 6,900 General administration 44,700 14,900 14,900 14,900Record all the transaction

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Diversified Products, Inc., has recently acquired a small publishing company that offers three books...

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