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  3. net sales $ 127,736.00 ...

Net Sales $ 127,736.00 ...

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Question

Finance

Net Sales $ 127,736.00
Variable Costs
COS $ 104,820.00
S&A $ 10,577.00
Contribution margin $ 12,339.00
Fixed Cost
COS $ (720.00)
S&A $ 8,377.00
Net Operating income $ 4,682.00 $ 3,962.00 <- WITHOUT NEGATIVE COS

y = 0.0828x + 8376.7

R = 0.8831

  1. How confident should management be with this profit estimate? Make sure to include R-squared and the relevant range as part of your answer.

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