Nerrod Company sells its products at $500 per unit, net 30. The firm's gross margin ratio is 40 percent. The firm has estimated the following operating costs:What is Nerrod's total customer-sustaining cost applicable to Ninto?
A)$400.
B)$600.
C)$4,000.
D)$6,300.
E)$6,420.

Question

Nerrod Company sells its products at $500 per unit, net 30. The firm's gross margin ratio is 40 percent. The firm has estimated the following operating costs:What is Nerrod's total customer-sustaining cost applicable to Ninto?
A)$400. 
B)$600. 
C)$4,000. 
D)$6,300. 
E)$6,420.

Quizplus · Accepted Answer

The Answer of Nerrod Company sells its products at $500 per unit, net 30. The firm's gross margin ratio is 40 percent. The firm has estimated the following operating costs:What is Nerrod's total customer-sustaining cost applicable to Ninto?
A)$400. 
B)$600. 
C)$4,000. 
D)$6,300. 
E)$6,420.

Nerrod Company Sells Its Products at $500 Per Unit, Net