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rk-PDR Question 10 of 10. February March Sales revenue $25,000 $37,500 Cost of goods sold 10,000 15,000 Gross profit 15,000 22,500 Rent expense 1,500 1,500
rk-PDR Question 10 of 10. February March Sales revenue $25,000 $37,500 Cost of goods sold 10,000 15,000 Gross profit 15,000 22,500 Rent expense 1,500 1,500 Wages expense 3,500 5.000 Shipping expense 1,100 1,650 Utilities expense 750 750 Advertising expense 1,000 1,400 Insurance expense 585 585 Operating income $6,565 $11,615 Sales 0.33/1 Total Per unit 37500 $ 12.50 Variable expenses Cost of goods sold Shipping 15000 1650 55 Advertising 1200 40 Wages 4500 1.50 Total variable expenses 22350 7.45 Contribution margin 15150 $ 5.05 Fixed expenses Insurance 0 585 1500 Rent Utilities 750 Wages : 500 200 Advertising Total fixed expenses 3535 Operating Income 11615 eTextbook and Media. Attempts: 1 of 3 used E (d) Blake wasn't happy with the projected income statement you showed him for a sales level of 1,500 stuffed mascots. He wants to know how many stuffed mascots he will need to sell to earn $5,555 in operating income. (Round per unit to 2 decimal places and final answer to O decimal places, e.g. 5,275.) mascots. As a safety net, he also wants to know how many stuffed mascots he will need to sell to break even. (Round per unit to 2 decimal places and final answer to O decimal places, e.g. 5,275.) mascots
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