Question
QUESTION 2 Prater Company has provided the following data 10 MARKS This Year Last Year Units Sold 300,000 250,000 Sales Revenue $1,300,000 $1,050,000 Less: Cost
QUESTION 2
Prater Company has provided the following data 10 MARKS
|
| This Year | Last Year |
| Units Sold | 300,000 | 250,000 |
| Sales Revenue | $1,300,000 | $1,050,000 |
| Less: Cost of Goods Sold | 910,000 | 735,000 |
| Gross Margin | 390,000 | 315,000 |
| Less: Operating Expenses | 272,000 | 260,000 |
| Operating Income | $118,000 | $55,000 |
What is the best estimate of the company's variable operating expense per unit? 5 Marks
What is the best estimate of the company's total fixed operating expense per year? 5 Marks
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Computer Accounting With Peachtree Complete 2011
Authors: Carol Yacht, Peachtree Software
15th Edition
007811098X, 978-0078110986
