me the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations: lling price rect materials ect labor riable manufacturing overhead les commission ked manufacturing overhead Per Unit $200 $80 $ 50 $8 $8 Per Year $300,000
me the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations: lling price rect materials ect labor riable manufacturing overhead les commission ked manufacturing overhead Per Unit $200 $80 $ 50 $8 $8 Per Year $300,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Assume the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations:
Selling price
Direct materials
Direct labor
Variable manufacturing overhead
Sales commission
Fixed manufacturing overhead
Using variable costing, what is the company's net operating income?
Multiple Choice
O
$266,000
$166,000
$176,000
Per Unit
$200
$ 80
$ 50
$ 8
$ 8
$186,000
Per Year
$300,000
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