The following information is available for Pioneer Company: Sales price per unit is...
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Accounting
The following information is available for Pioneer Company:
- Sales price per unit is $130.
- November and December, sales were budgeted at 3,160 and 3,570 units, respectively.
- Variable costs are 11 percent of sales (5 percent commission, 3 percent advertising, 3 percent shipping).
- Fixed costs per month are sales salaries, $4,200; office salaries, $2,400; depreciation, $2,300; building rent, $3,500; insurance, $1,300; and utilities, $800.
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