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Todrick Company is a merchandiser that reported the following information based on 1,000 units sold:...

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Accounting

Todrick Company is a merchandiser that reported the following information based on 1,000 units sold:
Sales-$180,000
Beginning merchandise inventory-$ 12,000
Purchases-$120,000
Ending merchandise inventory-$ 6,000
Fixed selling expense?
Fixed administrative expense-$7,200Variable selling expense-$9,000Variable administrative expense?Contribution margin-$36,000
Net operating income- $10,800
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