What are the estimated total costs if Genend’s store Answer the following questions using the information below: Genend’s Good Value Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 2015 operations. Sales (6,000 microwave ovens) $ 1,740,000 Cost of goods sold 960,000 Store manager’s salary per year 100,000 Operating costs per year 250,000 Advertising and promotion per year 30,000 Commissions (3% of sales) 52,200 1) Which cost estimation method is being used by Genend’s Good Value Appliance Store? A) the account analysis method B) the operating costing method C) the marginal costing method D) the cost-volume-profit analysis method 2) What was the variable cost per unit sold for 2015? A) $8.70 B) $160 C) $168.70 D) $232 3) What were the total fixed costs for 2015? A) $1,392,200 B) $380,000 C) $350,000 D) $1,012,200 4) What are the estimated total costs if Genend’s store expects to sell 8,000 units next year? A) $812,117 B) $1,729,600 C) $1,952,200 D) $380,450 Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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