Question
1.) China Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume.
1.) China Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $170.00 per unit.
Sales Volume (Units) 5000 6000
Cost of Sales $393,500 $472,200
Selling &Admin Costs $381,500 $393,600
What is the best estimate of the total monthly fixed cost?
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Business And Professional Ethics
Authors: Leonard J Brooks, Paul Dunn
8th Edition
1337514462, 9781337514460
