Sully Company provided the following information for last month. Production in units 3,000 Direct materials cost $7,000 Direct labor cost $10,000 Overhead cost $9,600 Sales commission per unit sold $4 Price per unit sold $29 Fixed selling and administrative expense $7,000 There were no beginning and ending inventories. What is operating income for Sully Company for last month? a.$34,600 b.$49,400 c.$27,400 d.$24,000 e.$41,400

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Sully Company provided the following information for last month.

Production in units 3,000
Direct materials cost $7,000
Direct labor cost $10,000
Overhead cost $9,600
Sales commission per unit sold $4
Price per unit sold $29
Fixed selling and administrative expense $7,000

There were no beginning and ending inventories. What is operating income for Sully Company for last month?
a.$34,600
b.$49,400
c.$27,400
d.$24,000
e.$41,400
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