Bonita Sports ells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 2.500 kits was prepared for the year. Fixed operating expenses account for 75% of total operating expenses at this level cales Sales Revenue Cost of goods sold (all variable) Gross margin Operating expenses Operating income Sales revenue Lew Y Variable pene $ 250,000 de sol S 145,000 105,000 Prepare a flexible tsudget based on sales of 1,000, 2.820, and 3.940 units. (Round unit values to 2 decimal places es 15.25 and all other answers to 0 decimal places, eg 1525. If operating income is negative, enter amounts using o negative sign preceding the number 45 or parentheses eg. (45)) 60,000 45.000 Unit 100 1.000 S 2.820 5
Bonita Sports ells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 2.500 kits was prepared for the year. Fixed operating expenses account for 75% of total operating expenses at this level cales Sales Revenue Cost of goods sold (all variable) Gross margin Operating expenses Operating income Sales revenue Lew Y Variable pene $ 250,000 de sol S 145,000 105,000 Prepare a flexible tsudget based on sales of 1,000, 2.820, and 3.940 units. (Round unit values to 2 decimal places es 15.25 and all other answers to 0 decimal places, eg 1525. If operating income is negative, enter amounts using o negative sign preceding the number 45 or parentheses eg. (45)) 60,000 45.000 Unit 100 1.000 S 2.820 5
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Bonita Sportssels volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of
2.500 kits was prepared for the year. Foxed operating expenses account for 75% of total operating expenses at this level cales
Sales Revenue
Cost of goods sold (all variable)
Gross margin
Operating expenses
Operating income
Les
Variable penses
Cost of do
$ 250,000
Prepare a flexible budget based on sales of 1,000 2.820, and 3.940 units. (Round unit volues to 2 decimal places eg: 15.25 and all other
answers to O decimal places, eg 1525. If operating income is negative, enter amounts using o negative sign preceding the number -45 or
parentheses eg. (451)
Operating expens
S
145,000
105,000
60,000
45.000
Unit
100
1.000
$
2.820
S
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