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Other Fields Homework Help Economics Topic started by: ashly138 on Nov 5, 2017



Title: What is the actual operating income for Ames Golf Company using the actual results?
Post by: ashly138 on Nov 5, 2017
What is the actual operating income for Ames Golf Company using the actual results?
A) <$3,360,000>
B) $4,750,000
C) $5,200,000
D) $5,550,000
E) $5,970,000


Title: Re: What is the actual operating income for Ames Golf Company using the actual results?
Post by: btpsand on Nov 5, 2017
D
Explanation:  D)    Actual Results
Units Sold    990,000
Revenues   $9,900,000
Variable Costs     2,500,000
Contribution Margin    $7,400,000
Fixed Costs     1,850,000
Operating Income    $5,550,000