ProBid Training Program Pretest

(Sales x 30%) + Fixed overhead = Total Overhead
Sales - Total Overhead = Profit

If your sales are $75,000 and your fixed overhead is $50,000, assume 30% of sales is your variable overhead what is your total overhead cost for the year?

What is your total profit in this year?

If your sales are $150,000 and your fixed overhead is $50,000, assume 30% of sales is your variable overhead what is your total overhead cost for the year?

What is your total profit in this year?

If your sales are $450,000 and your fixed overhead is $50,000, assume 30% of sales is your variable overhead what is your total overhead cost for the year?

What is your total profit in this year?