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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Company X sells widgets. The following information summarizes the company's operating activities for the year:

Beginning inventory     $7,000
Sales revenue     $25,000
Sales commissions    $1,000
Rent for office    $2,000
Utilities for the office    $1,500
Purchases    $6,000
Ending inventory    $5,000

What are total operating expenses?
A) $3,500
B) $2,500
C) $4,500
D) $3,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
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8 years ago
Wow! Thank you
wrote...
4 years ago
Thank You
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