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What was the fixed cost associated

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Question - Oaktree, Inc. is a merchandiser of inlaid wooden boxes. The company sold 6,500 units during the year. The company has provided the following? information:

Sales Revenue $600,000

Purchases? (excluding freight? in) 300,000

Selling and Administrative Expenses 69,000

Freight In 13,000

Beginning Merchandise Inventory 46,000

Ending Merchandise Inventory 43,000

What is the cost of goods sold for the? year?

Louis? Petit, a manager of Doggone? Gorgeous, Inc., was reviewing the water bills of a dog daycare and spa. He determined that its highest and lowest bills of $4,000 and $2,200 were incurred in the months of May and? November, respectively. If 600 dogs were washed in May and 100 dogs were washed in? November, what was the fixed cost associated with the? company's water? bill?

Reference no: EM133143447

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