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Pennys tv and appliance store is a small company that has

Question - Penny's TV and Appliance Store is a small company that has the following information pertaining to current year operations.

Sales (2,000 televisions) $900,000

Cost of goods sold 400,000

Store manager's salary per year 70,000

Operating costs per year 157,000

Advertising and promotion per year 15,000

Commissions (4% of sales) 36,000

What was the Penny's TV variable cost per unit sold?

a. $339

b. $200

c. $218

d. $235

e. $18

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Accounting Basics: Pennys tv and appliance store is a small company that has

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