Given: Total Sales: Costs/Expenses: Production Labor Rent Electricity--production Electricity--office $550,000 202,000 25,000 35,000 10,000 Starting Materials 10,000 Materials Purchased 165,000 Ending Materials 31,000 Factory Supervision 40,000 Office Labor 25,000 Determine: Operating Income and Break Even Sales

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Given:
Total Sales:
Costs/Expenses:
Production Labor
Rent
Electricity--production
Electricity--office
$550,000
202,000
25,000
35,000
10,000
Starting Materials
10,000
Materials Purchased
165,000
Ending Materials
31,000
Factory Supervision
40,000
Office Labor
25,000
Determine: Operating Income and Break Even Sales
Transcribed Image Text:Given: Total Sales: Costs/Expenses: Production Labor Rent Electricity--production Electricity--office $550,000 202,000 25,000 35,000 10,000 Starting Materials 10,000 Materials Purchased 165,000 Ending Materials 31,000 Factory Supervision 40,000 Office Labor 25,000 Determine: Operating Income and Break Even Sales
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