Maurice Tutor

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    Argosy University/ Phoniex University/
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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 16 Feb 2018 My Price 5.00

Tolden Marketing, Inc

1. Tolden Marketing, Inc., a merchandising company, reported sales of $2,861,800 and cost of goods sold of $1,492,400 for December. The company's total variable selling expense was $77,900; its total fixed selling expense was $70,600; its total variable administrative expense was $98,400; and its total fixed administrative expense was $193,400. The cost of goods sold in this company is a variable cost. The gross margin for December is: A.$1,193,100 B.$929,100 C.$1,369,400 D.$2,597,800

2. Puchalla Corporation sells a product for $120 per unit. The product's current sales are 12,300 units and its break-even sales are 10,824 units. The margin of safety as a percentage of sales is closest to: A.14% B.12% C.88% D.86%

 

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Maurice Tutor
(5)
Status NEW Posted 16 Feb 2018 04:02 PM My Price 5.00

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