5 Bud's Automotive usually purchases the vehicles for his used car lot at an average cost...
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5 Bud's Automotive usually purchases the vehicles for his used car lot at an average cost of $4,000 per vehicle. It costs him an average of $3,000 to get each vehicle ready for resale, and his average resale price is $9,000 per car. He leases the car lot for $5,000 per month, he spends $2,000 per month on advertising, and his salespeople are paid $10,000 per month. Twenty-five cars were sold last month. In the first blank, show your calculation for Bud's cost of good sold for last month. Use brackets if necessary. In the second blank, show your calculation for Bud's per unit fixed cost for last month. Use brackets if necessary. Blank # 1 Blank # 21 A 5 Bud's Automotive usually purchases the vehicles for his used car lot at an average cost of $4,000 per vehicle. It costs him an average of $3,000 to get each vehicle ready for resale, and his average resale price is $9,000 per car. He leases the car lot for $5,000 per month, he spends $2,000 per month on advertising, and his salespeople are paid $10,000 per month. Twenty-five cars were sold last month. In the first blank, show your calculation for Bud's cost of good sold for last month. Use brackets if necessary. In the second blank, show your calculation for Bud's per unit fixed cost for last month. Use brackets if necessary. Blank # 1 Blank # 21 A
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Related Book For
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
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