Given these data, compute NET INCOME. • $3,400 . • $1,200 • $5,500 • $600 $800 .

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 17MC: Waskowski Company sells three products (A. B. and C) with a sales mix of 3:2:1. Unit sales price are...
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Ramona Company reported the following data.
Price per unit = $10 ales price
Variable cost per unit = $7
Fixed cost = $1,500
Number of units sold = 700 units
Given these data, compute NET INCOME.
• $3,400
.
• $1,200
.
• $5,500
• $600
• $800
Transcribed Image Text:Ramona Company reported the following data. Price per unit = $10 ales price Variable cost per unit = $7 Fixed cost = $1,500 Number of units sold = 700 units Given these data, compute NET INCOME. • $3,400 . • $1,200 . • $5,500 • $600 • $800
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