Total variable selling and administrative costs
Question: Sales for a retail store were $250,000. Net Operating Income totaled $30,000 and cost of goods sold was $110,000. If the contribution margin was $100,000.What would the total variable selling and administrative costs have been?
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Cost for maintenance is $6,500 and at 10,000 units the cost for maintenance is $9,000. Using the high-low method, the cost formula for maintenance is:
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What would the total variable selling and administrative costs have been?
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