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The Flower Shop sells bouquets for $85 each. The variable costs for each bouquet are $40. The total contribution margin for 25 bouquets is A.
The Flower Shop sells bouquets for $85 each. The variable costs for each bouquet are $40. The total contribution margin for 25 bouquets is A. $1,125. B. $2,125. C. $3,125. D. $1,000. Power on the Go buys portable generators for $470 and sells them for $760. The company pays a sales commission of 5% of sales revenue to the sales staff. The company pays $7,000 a month rent for the store, and also pays $1,900 a month to staff in addition to the commissions. The company sold 300 generators in June. If the company prepares a traditional income statement for the month of June, what would be the operating income? A. $87,000 B. $228,000 C. $107,300 D. $66,700
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