Question 25 24 pts Bargain Textbook Company's income statement for the month of June is as folows $900,000 (630,000) $270,000 Sales Cost of goods sold Gross profit Selling and administrative expenses Selling expenses Administrative expenses Operating income (100,000) (104,000) \ (204,000) $66,000 Each textbook sells for $50. Variable selling expenses are $5 per book, and the remainder of the selling expenses are fixed. Variable administrative expenses are 4% of sales, and the remainder of the administrative expenses are fixed. Assume "Y" equals the total selling and administrative expenses and X equals the total number of books sold. What is the mixed cost formula for total selling and administrative expenses? Pachet sets for 350 Viewing remainder of the selling sperm wel het sales, and the remainder of the administre des the total selling and admitted the role sold. What is the control for total selling and OY-578.000 $7X OY$78,000 35X OY-$500.000 50 OY-$100.000 $7X