Answered

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Assume the following information for a merchandising company: Net operating income $ 19,000 Variable selling expenses $ 25,000 Cost of goods sold $ 295,000 Fixed administrative expenses $ 50,000 Fixed selling expenses $ 40,000 Variable administrative expenses $ 5,000 What are the company's sales

Sagot :

Ritmeks

Answer:

$434,000

Explanation:

The net Operating income is $19,000

Variable selling expenses is $25,000

Cost of goods sold is $295,000

Fixed administrative expenses are $50,000

Fixed selling expenses is $40,000

Variable administrative expenses is $5000

The company sales can be calculated as follows

= 19,000+25,000+40,000+5000+50,000+295,000

= $434,000

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