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M&G TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 2017
M&G TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 2017 operations. Sales (1,000 televisions) Cost of goods sold Store manager's salary per year Operating costs per year Advertising and promotion per year Commissions (3.8% of sales) $1,000,000 560,000 115,000 225,000 27,000 38,000 What were total fixed costs for 2017? O A. $367,000 OB. $598,000 OC. $340,000 OD. $965,000
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