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latoyalove latoyalove
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5 years ago
Stallard Corporation gathered the following information for the year just​ ended:
Fixed​ costs:
   
Manufacturing
   
​$120,000
Marketing
   
​41,000
Administrative
   
​17,000
Variable​ costs:
   
Manufacturing
   
​$60,000
Marketing
   
​17,000
Administrative
   
​40,000
During the​ year, Stallard produced and sold​ 50,000 units of product at a selling price of​ $5.64 per unit. There was no beginning inventory of product at the start of the year.
What is the operating income​ (loss) for the​ year?
A.
-​$13,000
B.
​$104,000
C.
​$165,000
D.
​$282,000

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bio_manbio_man
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Posts: 33242
5 years ago
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