Can you please help me find the answers to the question marks below:Todrick Company is a merchandiser that reported the following information based on 1,000 units sold:Sales $ 180,000Beginning merchandise inventory $ 12,000Purchases $ 120,000Ending merchandise inventory $ 6,000Fixed selling expense $ ?Fixed administrative expense $ 7,200Variable selling expense $ 9,000Variable administrative expense $ ?Contribution margin $ 36,000Net operating income $ 10,800
Can you please help me find the answers to the question marks below:
Todrick Company is a merchandiser that reported the following information based on 1,000 units sold:
Sales $ 180,000
Beginning merchandise inventory $ 12,000
Purchases $ 120,000
Ending merchandise inventory $ 6,000
Fixed selling expense $ ?
Fixed administrative expense $ 7,200
Variable selling expense $ 9,000
Variable administrative expense $ ?
Contribution margin $ 36,000
Net operating income $ 10,800
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