Alphonse Company manufactures staplers. The budgeted sales price is $14.00 per stapler, the variable costs are $3.00 per stapler, and budgeted fixed costs are $10,000. What is the budgeted operating income for 4300 staplers?
A) $47,300
B) $37,300
C) $60,200
D) $12,900
B) $37,300
You might also like to view...
Which of the following describes the risk assessment component of internal control?
A) Internal auditors monitor company controls to safeguard assets, and external auditors monitor the controls to ensure that the accounting records are accurate. B) Risk assessment is the "tone at the top" of the business. C) A company must identify its risks and take necessary steps to minimize them. D) Risk assessment is designed to ensure that the business's goals are achieved.
Describe in brief the concepts of electronic dispute resolution, electronic arbitration, and electronic mediation
What will be an ideal response?
A __________ statute is a state statute authorizing boards of corporations to take into account all stakeholders and constituencies even when a change in control or breakup of the corporation has become inevitable
a. corporate control b. break-up c. constituency d. protection
A trading company provides a link between buyers and sellers in different countries.
Answer the following statement true (T) or false (F)