Question: Elvis Electric Profits Given Sales Volume & Variable/Fixed Costs Easy PREVIOUS NEXT Elvis Electric (EE) buys portable generators for $450 and sells them for $720.
Elvis Electric Profits Given Sales Volume & Variable/Fixed Costs Easy PREVIOUS NEXT Elvis Electric (EE) buys portable generators for $450 and sells them for $720. He pays a sales commission of 5% of sales revenue. EE pays $10,000 a month rent for the store and pays $16,700 a month in staff salaries. EE sold 200 generators in June. What is the operating income for the month of June? Enter your response as a whole number, without dollar sign or commas (i.e., 105000 rather than $105,000)
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