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Assume the following information for a merchandising company: Number of units sold 20,900 Selling price per unit $ 30 Variable selling expense per unit $
Assume the following information for a merchandising company:
Number of units sold | 20,900 |
---|---|
Selling price per unit | $ 30 |
Variable selling expense per unit | $ 3 |
Variable administrative expense per unit | $ 2 |
Fixed administrative expenses | $ 50,000 |
Beginning merchandise inventory | $ 24,000 |
Ending merchandise inventory | $ 19,000 |
Merchandise purchases | $ 343,000 |
What is the amount of total variable expenses?
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