As compared to a traditional income statement format, an income statement organized by cost behavior does not include:

Cost of goods sold

Explanation:

The distinction in between conventional financial statements of the format as well as the income statement including its allocation format is that the normal structure helps organize cost into another cost of products sold and sale and operating costs, whereas the allocation format arranges expenses through fixed costs and variable costs.

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"