Question: QUESTION 2 Mike Company has provided the following data - 10 MARKS Units Sold Sales Revenue Less: Cost of Goods Sold Gross Margin Less: Operating

QUESTION 2 Mike Company has provided the following data - 10

QUESTION 2 Mike Company has provided the following data - 10 MARKS Units Sold Sales Revenue Less: Cost of Goods Sold Gross Margin Less: Operating Expenses Operating Income This Year 400,000 $1,300,000 910,000 390,000 272,000 $118,000 Last Year 350,000 $1,050,000 735.000 315,000 260.000 $55.000 What is the best estimate of the company's variable operating expense per unit? - 5 Marks What is the best estimate of the company's total fixed operating expense per year? 5 Marks

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