Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

. QUESTION 16 At a sales volume of 41,000 units, Choice Corporation's sales commissions (a cost that is variable with respect to sales volume) total

.

QUESTION 16

At a sales volume of 41,000 units, Choice Corporation's sales commissions (a cost that is variable with respect to sales volume) total $561,700. To the nearest whole dollar, what should be the total sales commissions at a sales volume of 38,800 units? (Assume that this sales volume is within the relevant range.) (Round intermediate calculations to 2 decimal places.)

$543,080

$593,549

$531,560

$561,700

2.5 points

QUESTION 17

Bendel Inc. has an operating leverage of 7.3. If the company's sales increase by 3%, its net operating income should increase by about:

3.0%

21.9%

7.3%

243.3%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Accounting questions