Urban Athletics Company has two store locations, north and south. During October, the company reported net income
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Urban Athletics Company has two store locations, north and south. During October, the company reported net income of $192,000 on sales of $905,000. Sales in the north store were $680,000 and variable costs in the south store were 60% of sales. The contribution margin in the north store was $204,000. If total direct costs are $50,000, how much will allocated fixed costs be?
Related Book For
Intermediate Accounting
ISBN: 978-0324312140
16th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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