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All costs are variable except for $100,000 of manufacturing overhead and $100,000 of selling and administrative expense.

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Simon Corporation has provided the following cost data for last year when 100,000 units were produced and sold;Raw materials;$200,000;Direct labor;100,000;Manufacturing overhead;200,000;Selling and administrative expense;150,000;All costs are variable except for $100,000 of manufacturing overhead and $100,000 of selling and administrative expense.;If the selling price is $10 per unit, the net operating income from producing and selling 120,000 units would be;Select one;A. $460,000;B. $405,000;C. $385,000;D. $605,000

 

Paper#24563 | Written in 18-Jul-2015

Price : $22
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