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29) Penny's TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains
29) Penny's TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 20x3 operations. Sales (2,000 televisions) Cost of goods sold Store manager's salary per year Operating costs per year Advertising and promotion per year Commissions (4% of sales) $ 900,000 400,000 70,000 157,000 15,000 36,000 What are the estimated total costs if Penny's expects to sell 3,000 units next year? A. $896,000 B. $678,000 C. $1,017,000 D. $799,000
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