Homework answers / question archive / Mike Company has provided the following data -  This Year Last Year Units Sold 400,000 350,000 Sales Revenue $1,300,000 $1,050,000 Less: Cost of Goods Sold 910,000 735,000 Gross Margin 390,000 315,000 Less: Operating Expenses 272,000 260,000 Operating Income $118,000 $55,000 What is the best estimate of the company's variable operating expense per unit? What is the best estimate of the company's total fixed operating expense per year? 

Mike Company has provided the following data -  This Year Last Year Units Sold 400,000 350,000 Sales Revenue $1,300,000 $1,050,000 Less: Cost of Goods Sold 910,000 735,000 Gross Margin 390,000 315,000 Less: Operating Expenses 272,000 260,000 Operating Income $118,000 $55,000 What is the best estimate of the company's variable operating expense per unit? What is the best estimate of the company's total fixed operating expense per year? 

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Mike Company has provided the following data - 

This Year

Last Year

Units Sold

400,000

350,000

Sales Revenue

$1,300,000

$1,050,000

Less: Cost of Goods Sold

910,000

735,000

Gross Margin

390,000

315,000

Less: Operating Expenses

272,000

260,000

Operating Income

$118,000

$55,000

What is the best estimate of the company's variable operating expense per unit?

What is the best estimate of the company's total fixed operating expense per year?