NC Corporation produces and sells one product. In October it expects to sell 10,600 units of this product. The company's variable selling and administrative expense is $3.70 per unit sold and its fixed selling and administrative expense is $50,000 per month. The estimated selling and administrative expense for October is closest to:

a.$70,000

b.$89,220

c.$56,480

d.$98.220

Transcribed Image Text:

NC Corporation produces and sells one product. In October it expects to sell 10,600 units of this product. The company's variable selling and administrative expense is $3.70 per unit sold and its fixed selling and administrative expense is $50,000 per month. The estimated selling and administrative expense for October is closest to: $70,000 $89,220 $56,480 $98,220 NC Corporation produces and sells one product. In October it expects to sell 10,600 units of this product. The company's variable selling and administrative expense is $3.70 per unit sold and its fixed selling and administrative expense is $50,000 per month. The estimated selling and administrative expense for October is closest to: $70,000 $89,220 $56,480 $98,220