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Business, 25.06.2019 09:20 krishimotam

Todrick company is a merchandiser that reported the following information based on 1,000 units sold: sales . . . . . . . . . . . . . . . . . . . . $300,000 beginning merchandise inventory . . . . . . . $20,000 purchases . . . . . . . . . . . . . . . . . $200,000 ending merchandise inventory . . . . . . . . $7,000 fixed selling expense . . . . . . . . . . . . ? fixed administrative expense . . . . . . . . . $12,000 variable selling expense . . . . . . . . . . . $15,000 variable administrative expense . . . . . . . ? contribution margin . . . . . . . . . . . . . $60,000 net operating income . . . . . . . . . . . . $18,000

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