A comparative income statement for Jimbob Co., a merchandising company, for the three months ending in...

 

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A comparative income statement for Jimbob Co., a merchandising company, for the three months ending in June is presented below. Jimbob Co. Comparative Income Statement For the Second Quarter Sales in units Sales revenue Less cost of goods sold Gross Margin Less operating expenses Shipping expense Advertising expense Salaries and commissions Insurance expense Depreciation expense Total operating expenses May April 4.500 $630,000 $735,000 252.000 294.000 376.000 441.000 56,000 70,000 143,000 9,000 42.000 71,000 70,000 180,500 9,000 42.000 42.000 $320.000 346.260 372.600 $60.000 $94.760 $131.000 June 0.000 $840.000 330.000 504,000 63,500 70,000 161.750 9,000 Net income What is the best estimate of the company's variable operating expenses per unit? A comparative income statement for Jimbob Co., a merchandising company, for the three months ending in June is presented below. Jimbob Co. Comparative Income Statement For the Second Quarter Sales in units Sales revenue Less cost of goods sold Gross Margin Less operating expenses Shipping expense Advertising expense Salaries and commissions Insurance expense Depreciation expense Total operating expenses May April 4.500 $630,000 $735,000 252.000 294.000 376.000 441.000 56,000 70,000 143,000 9,000 42.000 71,000 70,000 180,500 9,000 42.000 42.000 $320.000 346.260 372.600 $60.000 $94.760 $131.000 June 0.000 $840.000 330.000 504,000 63,500 70,000 161.750 9,000 Net income What is the best estimate of the company's variable operating expenses per unit?

Answer rating: 100% (QA)

operating expense per unit in April 63000... View the full answer