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ments were not completed the serial problem can begin at this point 20 Santana Rey expects second-quarter 2020 sales of Business Solutions's line of computer furniture to be the same as the first quarter's sales (reported below) without any changes in strategy, Monthly sales averaged 40 desk units (sales price of $1,250) and 20 chairs (sales price of $500). BUSINESS SOLUTIONS-Computer Furniture Segment Segment Income Statement For Quarter Ended March 31, 2020 $180,000 115,000 65,000 Sales!... Cost of goods sold'............. .. Gross profit......... Expenses Sales commissions (10%)....... ... Advertising expenses..... Other fixed expenses ........... Total expenses .............. Net income................. 18.000 9,000 18,000 45,000 $ 20,000 Net income $ 20,000 Reflects revenue and expense activity only related to the computer furniture segment. Revenue: (120 desks x $1,250) + (60 chairs x $500) = $150,000 + $30,000 = $180,000. Cost of goods sold: (120 desks x $750) + (60 chairs x $250) + $10,000 = $115,000. Santana Rey believes that sales will increase each month for the next three months (April, 48 desks, 22 chairs: May. 52 desks. 35 chairs: June, 56 desks, 38 chairs) if selling prices are reduced to $1,150 for serial problem Chapter and come through most of the book. Ir previous per Mens wwe or completed the serial problem begint a this point Business Son SP 20 Santana Rey expects second-quarter 2020 sales of Business Solutions's line of computer furniture P3 to be the same as the first quarter's sales reported below) without any changes in strategy. Monthly sales averaged 40 desk units (sales price of $1,250) and 20 chairs (sales price of $500). BUSINESS SOLUTIONS Computer Furniture Segment For Gorter Ended March 31, 2020 $180.000 115.000 65,000 Sales".. Cost of goods sold ............... Gross profit....... Expenses Sales commissions (10%) Advertising expenses..... Other fixed expenses... Total expenses. Net Income .... 18,000 9,000 18.000 45,000 $ 20.000 "Reflects revenue and expense activity only related to the computer furniture segment Revenue: (120 desks x $1,250) + (60 chairs x $500) = $150,000+ $30,000 180,000 Cost of goods sold: (120 desks x $750) + (60 chairs x $250) +$10.000 = $115.000. banana Rey believes that sales will increase each month for the next three months (April, 48 desks. 1 chairs; May, 52 desks, 35 chairs; June, 56 desks, 38 chairs) i selling prices are reduced to $1,150 for ments were not completed the serial problem can begin at this point 20 Santana Rey expects second-quarter 2020 sales of Business Solutions's line of computer furniture to be the same as the first quarter's sales (reported below) without any changes in strategy, Monthly sales averaged 40 desk units (sales price of $1,250) and 20 chairs (sales price of $500). BUSINESS SOLUTIONS-Computer Furniture Segment Segment Income Statement For Quarter Ended March 31, 2020 $180,000 115,000 65,000 Sales!... Cost of goods sold'............. .. Gross profit......... Expenses Sales commissions (10%)....... ... Advertising expenses..... Other fixed expenses ........... Total expenses .............. Net income................. 18.000 9,000 18,000 45,000 $ 20,000 Net income $ 20,000 Reflects revenue and expense activity only related to the computer furniture segment. Revenue: (120 desks x $1,250) + (60 chairs x $500) = $150,000 + $30,000 = $180,000. Cost of goods sold: (120 desks x $750) + (60 chairs x $250) + $10,000 = $115,000. Santana Rey believes that sales will increase each month for the next three months (April, 48 desks, 22 chairs: May. 52 desks. 35 chairs: June, 56 desks, 38 chairs) if selling prices are reduced to $1,150 for serial problem Chapter and come through most of the book. Ir previous per Mens wwe or completed the serial problem begint a this point Business Son SP 20 Santana Rey expects second-quarter 2020 sales of Business Solutions's line of computer furniture P3 to be the same as the first quarter's sales reported below) without any changes in strategy. Monthly sales averaged 40 desk units (sales price of $1,250) and 20 chairs (sales price of $500). BUSINESS SOLUTIONS Computer Furniture Segment For Gorter Ended March 31, 2020 $180.000 115.000 65,000 Sales".. Cost of goods sold ............... Gross profit....... Expenses Sales commissions (10%) Advertising expenses..... Other fixed expenses... Total expenses. Net Income .... 18,000 9,000 18.000 45,000 $ 20.000 "Reflects revenue and expense activity only related to the computer furniture segment Revenue: (120 desks x $1,250) + (60 chairs x $500) = $150,000+ $30,000 180,000 Cost of goods sold: (120 desks x $750) + (60 chairs x $250) +$10.000 = $115.000. banana Rey believes that sales will increase each month for the next three months (April, 48 desks. 1 chairs; May, 52 desks, 35 chairs; June, 56 desks, 38 chairs) i selling prices are reduced to $1,150 for