Question
A merchandiser plans to sell 15,000 units next month at a selling price of $110 per unit. It also gathered the following cost estimates
A merchandiser plans to sell 15,000 units next month at a selling price of $110 per unit. It also gathered the following cost estimates for next month: Cost Cost of goods sold Advertising expense Depreciation expense Shipping expense Administrative salaries Sales commissions Insurance expense Cost Formula $60 per unit sold $150,000 per month $70,000 per month $100,000 per month $10 per unit sold $50,000 per month 5% of sales $15,000 per month Q) What is the estimated net operating income for next month? Multiple Choice O $517,500 $132,500 $750,000
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