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Current Attempt in Progress Rogers Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales
Current Attempt in Progress Rogers Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 2.500 kits was prepared for the year. Fixed operating expenses account for 75% of total operating expenses at this level of sales. Sales Revenue Cost of goods sold (all variable) $ 250,000 160,000 Gross margin 90,000 Operating expenses 60,000 Operating income $ 30,000 Prepare a flexible budget based on sales of 1,200, 3,000, and 4,000 units. (Round unit values to 2 decimal places eg. 15.25 and all other answers to O decimal places, eg. 1525. If operating income is negative, enter amounts using a negative sign preceding the number eg. -45 or parentheses eg. (45).) Unit $ 1,200 $ 3,000 $
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