The writer is very fast, professional and responded to the review request fast also. Thank you.
Stanley’s Bicycles store buys bicycles on average for $ 600and sells them on average for $ 800. He pays a sales commission of 15% of sales revenue to his sales staff. Stanley pays $ 1 comma 900a month rent for his store, and also pays $ 6 comma 000a month to his staff in addition to the commissions. Stanley sold 120bicycles in June. If Stanley prepares a contribution margin income statement for the month of June, what would be his operating income?
Income StatementSalesLess Variable costsCost of bicyclesSales commissionContribution marginLess Fixed costsRentSalaryOperating income 960007200014400 9006000 864009600 69002700
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more