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Author Question: Violet Sales Corp, reports the year-end information from 2019 as follows: Sales ($35,625 ... (Read 181 times)

Brittanyd9008

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on: Mar 6, 2021
Violet Sales Corp, reports the year-end information from 2019 as follows:

Sales ($35,625 units)285,000
Cost of goods sold106,000
Gross margin179,000
Operating expenses  158,000
Operating income21,000

Violet is developing the 2019 budget. In 2019 the company would like to increase selling prices by 3.5%, and as a result expects a decrease in sales volume of 14%. All other operating expenses are expected to remain constant. Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost.

What is budgeted cost of goods sold for 2019?
◦ $91,160
◦ $109,710
◦ $14,840
◦ $253,679
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by Brittanyd9008 on Mar 6, 2021

popopong

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Brittanyd9008

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Reply 2 on: Mar 6, 2021
Wow, this really help

ashely1112

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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