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Vsevolod [243]
3 years ago
10

Sunland Company is a merchandising firm. Last year the company reported sales of $676000 and cost of goods sold of $404600. The

company's total variable selling and administrative expense was $60800, and fixed selling and administrative expense was $54020. The total fixed costs for the firm are
Business
1 answer:
Arisa [49]3 years ago
4 0

Answer:

$54,020

Explanation:

Total fixed costs = Fixed selling and administrative expenses

Total fixed costs = $54,020

Thus, the total fixed costs for the firm is $54,020

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Royal Gorge Company uses the gross profit method to estimate ending inventory and cost of goods sold when preparing monthly fina
34kurt

Answer:

The estimated inventory at the end of February is $73400 as shown below

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Estimated Ending Inventory 73400

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