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Business, 10.02.2022 14:00 CarlsonB

9. You open the new store on January 1, with the salary plus commission compensation plan in place. Because you expect the cost of the shoes to rise due to inflation, you place a firm bulk order for 50,000 shoes and lock in the $14.00 price per unit. But, toward the end of the year, only 48,000 shoes are sold, and you authorize a markdown of the remaining inventory to $12.00 per unit. Finally, all units are sold. Salespeople, as usual, get paid a commission of 4% of the sales price. What is the annual operating income for the store

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9. You open the new store on January 1, with the salary plus commission compensation plan in place....
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