Staley Co. manufactures electronic equipment. The following is a summary of its basic cost and revenue data: Per Unit Percent Sales price $ 520 100.00 Variable costs 332 63.85 Unit contribution margin $ 187 35.96 Assume that Staley Co. is currently selling 640 products per month and monthly fixed costs are $80,400. Staley Co.'s operating income (πB) is calculated to be: Multiple Choice $38,280. $40,280. $43,280. $42,280. $39,280.

Staley Co. manufactures electronic equipment. The following is a summary of its basic cost and revenue data: Per Unit Percent Sales price $ 520 100.00 Variable costs 332 63.85 Unit contribution margin $ 187 35.96 Assume that Staley Co. is currently selling 640 products per month and monthly fixed costs are $80,400. Staley Co.'s operating income (πB) is calculated to be: Multiple Choice $38,280. $40,280. $43,280. $42,280. $39,280.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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