The MER-49729 merchandising company reported the following information for last year: Amount Sales $ 1,107,000 Selling price
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- The MER-49729 merchandising company reported the following information for last year:
- Amount Sales $ 1,107,000
- Selling price per unit $ 410
- Variable selling expense per unit $ 50
- Variable administrative expense per unit $ 17
- Total fixed selling expense $ 145,000
- Total fixed administrative expense $ 120,000
- Beginning merchandise inventory $ 75,000
- Ending merchandise inventory $ 100,000
- Merchandise purchases $ 315,000
Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
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