Company XYZ is a merchandising business. The company is specialized in selling a specific brand of smartphones. The purchase cost per unit was OMR320. At the beginning of the month of May the company...

Company XYZ is a merchandising business. The company is specialized in selling a specific brand of smartphones. The purchase cost per unit was OMR320. At the beginning of the month of May the company has inventory of 1,270 smartphones. During the month of May, the company purchased additional 1,000 smartphones. By the end of May, the company had 430 smartphones remaining in the store. The selling and general expenses for the company include wages and commissions, which include fixed monthly payment of OMR1,700 plus a OMR10 per unit sold; and depreciation of OMR2,000 per month. Assuming a selling price per unit of OMR640, calculate the total contribution margin select option a. None of the given answers b. OMR588,800 COMR570.400 d. OMR566,700 e. OMR393,700

Jun 02, 2022
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