(Solved): REQUIRED Use the information provided below to prepare the Income Statement of Disney Enterprises fo ...

REQUIRED Use the information provided below to prepare the Income Statement of Disney Enterprises for the month ended 31 May 2024 according to the marginal costing method. (14 marks) INFORMATION The following information was extracted from the accounting records of Disney Enterprises for the months ended 30 April and 31 May 2024: Additional information Disney Enterprises uses the FIFO method to value inventories.