GB 519 RANK Let's Do This /gb519rank.com GB 519 RANK Let's Do This /gb519rank.com | Page 41

Sales Commission 18.30
Total Per Unit Variable Cost $60.00
Fixed Costs:
Advertising $ 56,000
Rent 78,000
Salaries 226,000
Total Annual Fixed Costs $360,000
If 40,000 office chairs were sold, Stylish Sitting's operating
income would be:
Student Answer: $240,000.
$280,000.
$210,000.
$340,000.
$120,000.
UNIT 3 QUIZ
Question 14. Question : Thompson Refrigerators Inc. needs
to prepare pro forma financial