1. Robin Co.'s production and sales estimates for March are as follows: Estimated inventory (units), March 1...
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1. Robin Co.'s production and sales estimates for March are as follows:
Estimated inventory (units), March 1 | 18,000 |
Desired inventory (unit), March 31 | 21,600 |
Expected sales volume (units): | |
M-area | 7,000 |
Area L | 8,000 |
Area O | 9,000 |
unit sale price | $15 |
How many number of units expected to be manufactured in March?
2. For February, sales revenue is $700,000; sales commissions are 5% of sales; sales manager salary is $96,000; advertising expenses are $90,000; shipping costs add up to 2% of sales; and miscellaneous selling expenses are $2,500 plus 1/2 of 1% of sales.
Calculate total selling expenses for the month of February .
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