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Required information SB Gaston Company is a merchandising Gaston Company is a merchandising firm. Next month, the company expects to sell 800 units. The following
Required information SB Gaston Company is a merchandising Gaston Company is a merchandising firm. Next month, the company expects to sell 800 units. The following data describe the company's revenue and cost structure: Selling price per unit $40 Sales commission 5% Purchase price (cost) per unit $18 Advertising expense $4,000 per month Administrative expense $4,500 per month plus 15% of sales Assume that all activity mentioned in this problem is within the relevant range. TB 03-45 What is the expected total administrative ex... What is the expected total administrative expense next month? Multiple Choice $14,900 O $4,800 O $9,300 $13,300 SB The following is Addison The following is Addison Corporation's contribution format income statement for last month: Sales Less: variable expenses Contribution margin Less: fixed expenses $1,000,000 700,000 300,000 180,000 $120,000 Operating income The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month. TB 04-66 What is the company's margin What is the company's margin of safety in dollars? Multiple Choice $600,000 $120,000 $400,000 $880,000
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