Comparative Income Statements for Boggs Sporting Equipment Company for the Last

question 34

Multiple Choice

Comparative income statements for Boggs Sporting Equipment Company for the last two months are presented below:
$\begin{array}{|l|r|r|}\hline & \text { July } & \text { August } \\\hline \text { Sales in Units } & 11,000 & 10,000 \\\hline \text { Sales Revenue } & \$ 165,000 & \$ 150,000 \\\hline \text { Less: Cost of Goods Sold } & \underline{72,600} & \underline{66,000} \\\hline \text { Gross Margin } & 92,400 & 84,000 \\\hline \text { Less: Operating Expenses: } & & \\\hline \text { Rent } & 12,000 & 12,000 \\\hline \text { Sales Commissions } & 13,200 & 12,000 \\\hline \text { Maintenance Expenses } & 13,500 & 13,000 \\\hline \text { Clerical Expenses } & \underline{16,000} & \underline{15,000} \\\hline \text { Total Operating Expenses } & \underline{\$ 54,700} & \underline{\$ 52,000} \\\hline \text { Operating Income } & \underline{\$ 37,700} & \underline{\$ 32,000} \\\hline\end{array}$
All of the company's costs are either fixed, variable, or a mixture of the two (that is, mixed) . Assume that the relevant range includes all of the activity levels mentioned in this problem.


-If sales are projected to be 8,000 units in September,what would be total operating expenses?

• A) $41,600.
• B) $44,750.
• C) $46,600.
• D) $49,300.

Recognize the units of measurements and their application in engineering drawings.

Identify the views represented in engineering drawings and their significance.

Differentiate between types of drawings used in engineering (detail, assembly, working drawings).

Learn about the placement of views in third-angle projection drawings.

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