70.2K

Verified Solution

Link Copied!

QUESTION 1 (CLO 3 Suku Retail Company shows the following information for the period ended 31-5-2020: Selling price per unit $100 Number of units soki 610 Total fixed administrative expense $3,100 Beginning merchandise inventory $200 Ending merchandise inventory $400 Variable selling expense per unit $12 Variable administrative expense per unit $17 Merchandise purchases $23,000 Total fixed selling expense $4,100 Insert the correct numbers in the following sentences. Use numerals 0-9 only. Do not use commas, dollar signs, or de unless instructed otherwise. 5400 $12 Merchandise che Totalegens $17 $23,000 $4,100 Insert the correct numbers in the following sentences. Use numerals 0-9 only. Do not use commas, dollar sigas, or decim unless instructed otherwise. and revenue was $ The company's total variable costs were $ Total fixed expens income was s and contribution margin $ to S (only for this answer you must round to one de The company's operating leverage was for 2.34 type 2.3) If revenue increases by $2440, net income will increase by % times operating leverage. Click Save and Submit to save and submit. Click Save All Answers to save all answers. $23,000 $4,100 the following sentences. Use numerals 0-9 only. Do not use commas, dollar signs, or decimal points sts were s Net and revenue was $ and contribution margin S I Total fixed expenses amounted was (only for this answer you must round to one decimal eg.. ncome will increase by % times operating leverage. lick Save All Answers to save all answers. Save All Answers Close Window

Answer & Explanation Solved by verified expert

See Answer