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Power on the Go buys portable generators for $480 and sells them for $760. The company pays a sales commission of 5% of sales revenue
Power on the Go buys portable generators for $480 and sells them for $760. The company pays a sales commission of 5% of sales revenue to the sales staff. The company pays $5,000 a month rent for the store, and also pays $2,000 a month to staff in addition to the commissions. The company sold 200 generators in June. If the company prepares a contribution margin income statement for the month of June, what would be the operating income? .. O A. $152,000 OB. $55.400 O C. $103.600 OD. $41,400
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