Mannings TV and Appliance Store is a small company that has hired you to perform...
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Accounting
Mannings TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to its current year operations.
Sales (1,200 televisions) $ 1,200,000
Cost of goods sold 540,000
Store manager's salary per year 108,000
Operating costs per year 216,000
Advertising and promotion per year 24,000
Commissions (3% of sales) 36,000
What was the variable cost per unit sold for the current year?
| A. | $30 | |
| B. | $480 | |
| C. | $770 | |
| D. | $450 |
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