StylishSitting

StylishSitting - is a retailer of office chairs located in...

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Sales price Per unit variable costs Total per unit variable costs Total annual fixed costs Total fixed costs Sales price $46.90 Per unit variable costs $30.40 $10.80 Total per unit variable costs $41.20 Unit contribution margin $5.70 Total annual fixed costs Advertising $35,590 Rent $53,190 Salaries $127,000 Total fixed costs $215,780 Office chairs sold 40,800 Total revenue $1,913,520 Total Variable costs $1,680,960 Total fixed costs $215,780 Total costs $1,896,740 Total operating income $16,780 Operating income per office chair $0.41 Stylish Sitting
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Unformatted text preview: is a retailer of office chairs located in San Francisco, California. Due to increased market competitio financial information provided below. Invoice cost Sales commissions Advertising Rent Salaries If 40,800 office chairs were sold, Stylish Sitting's total operating income would be: Invoice cost Sales commissions $46.90 $30.40 $10.80 $41.20 $35,590 $53,190 $127,000 $215,780 on, the CFO of Stylish Sitting has grown worried about the firm's upcoming income stream. The CFO asked you to use t the company...
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This note was uploaded on 03/31/2010 for the course BUS-A 325 taught by Professor Campbell during the Spring '09 term at Indiana.

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StylishSitting - is a retailer of office chairs located in...

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