Maurice Tutor

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Category > Accounting Posted 14 Aug 2017 My Price 4.00

Fiene Sales, Inc

Fiene Sales, Inc., a merchandising company, reported sales of 2,200 units in June at a selling price of $600 per unit. Cost of goods sold, which is a variable cost, was $364 per unit. Variable selling expenses were $23 per unit and variable administrative expenses were $33 per unit. The total fixed selling expenses were $30,500 and the total administrative expenses were $55,300. The contribution margin for June was:

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Maurice Tutor
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Status NEW Posted 14 Aug 2017 02:08 PM My Price 4.00

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