4 POINTS COST BEHAVIOR, ANALYSIS, AND USE The following information from the Thunderball Co., a merchandising business,

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4 POINTS COST BEHAVIOR, ANALYSIS, AND USE The following information from the Thunderball Co., a merchandising business,

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4 Points Cost Behavior Analysis And Use The Following Information From The Thunderball Co A Merchandising Business 1
4 Points Cost Behavior Analysis And Use The Following Information From The Thunderball Co A Merchandising Business 1 (81.26 KiB) Viewed 36 times
4 POINTS COST BEHAVIOR, ANALYSIS, AND USE The following information from the Thunderball Co., a merchandising business, is available for the current year: a Sales in Units June 11,000 Julaugust 8,000 10,000 $165,000 72,600 92,400 $120,000 52,800 67,200 $150,000 66,000 84,000 Sales Revenue Less: Cost of Goods Sold Gross Margin Less Operating Expenses: Rent Sales Commissions Maintenance Expenses Total Operating Expenses Operating Income 12,000 13,200 29,500 54,700 $37,700 12,000 9,600 25,000 46,600 $20,600 12,000 12,000 28,000 52,000 $32,000 Assume that the activity levels shown above fall within the relevant range. Identify each of Thunderball's expenses as being either variable, fixed, or mixed (place an X in the appropriate column for each cost). Variable Fixed Mixed Cost of Goods Sold Rent Sales Commissions Maintenance Expenses
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