Question: Question 3 2 pts A Co reported the below cost and revenue formulas. Sales $270 Cost of goods sold $120 Salaries expense $5,500 per month

 Question 3 2 pts A Co reported the below cost andrevenue formulas. Sales $270 Cost of goods sold $120 Salaries expense $5,500per month Utilities expense $125 plus $2.500 Rent expense $2.000 per month

Question 3 2 pts A Co reported the below cost and revenue formulas. Sales $270 Cost of goods sold $120 Salaries expense $5,500 per month Utilities expense $125 plus $2.500 Rent expense $2.000 per month Misc expense $500 plus $3.25Q They planned to sell 1,800 units and they actually sold 2,100 units. Following are the actual results from the period. Sales $58,500 Cost of goods sold $24.800 Gross margin $33,700 Salaries expense $6,000 Utilities expense $5,480 Rent expense $2,000 Misc expense $9,400 Net income $10,820 What is total sales for the planning budget? $56,700 $48,600 $58,500 O $1,800 Question 4 2 pts A Co reported the below cost and revenue formulas. Sales $270 Cost of goods sold $12Q Salaries expense $5,500 per month Utilities expense $125 plus $2.500 Rent expense $2,000 per month Misc expense $500 plus $3.25Q They planned to sell 1,800 units and they actually sold 2,100 units. Following are the actual results from the period. Sales $58,500 Cost of goods sold $24,800 Gross margin $33,700 Salaries expense $6,000 Utilities expense $5,480 Rent expense $2,000 Misc expense $9,400 Net income $10,820 What is total salaries expense for the planning budget? $9,900,000 $2,000 $6,000 $5,500 Question 5 2 pts A Co reported the below cost and revenue formulas. Sales $270 Cost of goods sold $12Q Salaries expense $5,500 per month Utilities expense $125 plus $2.500 Rent expense $2,000 per month Misc expense $500 plus $3.250 They planned to sell 1,800 units and they actually sold 2,100 units. Following are the actual results from the period. Sales $58,500 Cost of goods sold $24.800 Gross margin $33,700 Salaries expense $6,000 Utilities expense $5,480 Rent expense $2,000 Misc expense $9.400 Net income $10,820 What is total rent expense for the flexible budget? $2,100 $2,500 $1,800 $2,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!