Answered

Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

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

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.