Answer: D) $50,100
Hyper Color Company manufactures widgets. The following data is related to sales and production of the widgets for last year.
Selling price per unit
$ 170
Variable manufacturing costs per unit
$ 65
Variable selling and administrative expenses per unit
$ 6
Fixed manufacturing overhead? (in total)
$ 30,000
Fixed selling and administrative expenses? (in total)
$ 9,000
Units produced during the year
1,900
Units sold during year
900
Using variable? costing, what is the operating income for last? year?
A) $296,800
B) $182,000
C) $2,265,200
D) $50,100
Business
You might also like to view...
Since Jameson flies to many of his sales calls, it is far more efficient, from a time and expense standpoint, to schedule multiple calls in the same airplane trip. Once Jameson develops a routing plan for a specific trip, he should then:
A) complete a travel expense report to ensure reimbursement B) develop the same presentation for all customers in the area C) notify customers of his anticipated arrival time D) focus on visiting small accounts in the area E) plan as many cold calls as possible
Business
Some landlords prefer a tenancy-for-years lease, because absent a breach the rental income will not be interrupted until the term of the lease ends
Indicate whether the statement is true or false
Business
Indirect exporting but not direct exporting involves sales through sales agents or to foreign distributors
Indicate whether the statement is true or false
Business
Kilo is the prefix for:
A) million B) hundred C) thousand D) one
Business