Delongis Corporation, a merchandising company, reported the following results for June: Number of units sold 1,200unitsSelling price per unit$221per unitUnit cost of goods sold$97per unitVariable selling expense per unit$12per unitTotal fixed selling expense$7,300 Variable administrative expense per unit$8per unitTotal fixed administrative expense$15,300 Cost of goods sold is a variable cost in this company.The gross margin for June is:
A. $124,800
B. $102,200
C. $148,800
D. $242,600
Answer: C
You might also like to view...
Linking a spreadsheet to your report will help ensure that readers are always seeing the most up-to-date information
Indicate whether the statement is true or false.
Retailers use stimulation to
A. satisfy customers' hedonic needs. B. promote cross-shopping. C. enable extended problem solving. D. segment the market based on lifestyles. E. satisfy customers' utilitarian needs.
Authentic tactics require parties to
A. share only the information that is relevant to the issue at hand. B. say "yes" when they mean "no." C. use language that describes reality. D. reposition their endorsement or support for the sake of acceptance.
Describe how office and retail layouts are designed. How do these designs compare to designs for product- and process-focused manufacturing layouts?
What will be an ideal response?