Recent Posts • Latest Topics • Unanswered Questions

New Rock, Inc. sells video games it has purchased from a local distributor. The following static ...

drw92

wrote...

Go to Answer

Posts: 155

Rep:

A year ago

New Rock, Inc. sells video games it has purchased from a local distributor. The following static ...

New Rock, Inc. sells video games it has purchased from a local distributor. The following static budget is based on sales of 8,000 games. However, New Rock only sold 7,800 games during the year. Fixed costs are 30% of total operating expenses.

Sales	$512,000
Cost of goods sold (variable)	230,000
Gross margin	282,000
Operating expenses	220,000
Operating income	$ 62,000

Required:

Prepare a flexible budget.

Textbook

Managerial Accounting

Edition: 4^th

Author: Davis

Read 70 times

1 Reply

Report

Replies

Answer verified by a subject expert

rbacon2

wrote...

Posts: 142

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

drw92 Author

wrote...

A year ago

Thanks for your help!!

husne

wrote...

Yesterday

Thank you, thank you, thank you!

ediblefruitz

wrote...

2 hours ago

Smart ... Thanks!

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1044 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

1211

237

228

Your Opinion

Previous poll results: Who will win the 2024 president election?

Bonobos, Chimpanzees, and the 98% DNA Link

The Toxic Skin and Fungi Defense

Courses by Biology Forums

It's sore throat season, why does my mucus have red spots?

Strange Ingredients Lurking in Doritos Chips

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.