![Xaviiier](/avatars/20835.jpg)
Xaviiier
26.05.2021 •
Mathematics
An income statement for Sam's Bookstore for the first quarter of the year is presented below:
Sam's Bookstore
Income Statement
For Quarter Ended March 31
Sales $ 900,000
Cost of goods sold 640,000
Gross margin 260,000
Selling and administrative expenses
Selling $ 102,000
Administration 108,000 210,000
Net operating income $ 50,000
On average, a book sells for $60. Variable selling expenses are $5 per book with the remaining selling expenses being fixed. The variable administrative expenses are 4% of sales with the remainder being fixed.
The cost formula for selling and administrative expenses with "X" equal to the number of books sold is:
Y = $86,000 + $7.40X
Y = $99,000 + $7.40X
Y = $86,000 + $5.00X
Y = $99,000 + $9.80X
Solved
Show answers
More tips
- G Goods and services Don t Let Your Fridge Smell Bother You: How to Get Rid of Unpleasant Odors in Your Refrigerator...
- A Animals and plants What Do Terriers Eat?...
- F Food and Cooking Discover the Benefits and Properties of Dates...
- C Computers and Internet Dynamically Assigned IP Address: What Is It and How Does It Work?...
- S Style and Beauty How to Get Rid of Acne: Scientifically Proven Methods...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
Answers on questions: Mathematics
- M Mathematics Can someone help me, please...
- M Mathematics Consider the function f(x) = x+ + 5 with domain r 20, and its inverse, (x) = W7-5. What are the domain and range of f(x) and ^*(x)? Express the domain and range as inequalities....
- M Mathematics PLZ HELP ASAP A certain card game involves trying to get as close to 21 points without going over. The ace is worth 1 point and each face card is worth 10 points. Suppose Player...
- M Mathematics Math help please Show work if possible...
- M Mathematics Use the Law of Cosines to find the measure of ZB. Please show your work. Use these symbols as needed: 2-1...
- M Mathematics If a 2 centimeter cube is placed inside a box that is 9 cm by 5 cm by 8 cm, what is the volume inside the larger box that is outside of the smaller box? A 64 B 68 C 352 D 360...
- M Mathematics Free points have a wonderful day...
- M Mathematics HELP ME PLSSSSSSSSSS...
- M Mathematics I need help! I will really appreciate!...
- M Mathematics 1 point 4. The length of a regular frame is 15 inches and the diagonal is 17 inches. What is the width of the frame in inches? * 8 inches 514 inches 22.67 inches 64 inches 1 point...
Ответ:
(0,-2)
(2,8)
you just have to plug in x that's all.
y=5x-2