Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Marketing
New Topic  
bernie2981 bernie2981
wrote...
Go to Answer
Posts: 3810
Rep: 26 0
8 years ago
Bernard Corporation gathered the following information for the year just ended:

Fixed costs:   
Manufacturing   $120,000
Marketing   42,000
Administrative   22,000
Variable costs:   
Manufacturing   $80,000
Marketing   22,000
Administrative   38,000

During the year, Bernard produced and sold 50,000 units of product at a selling price of $9.00 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) $310,000
B) $126,000
C) $450,000
D) $266,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 732 times
2 Replies
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
#1
Top Poster
Posts: 2158
Rep: 418 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

bernie2981 Author
wrote...
#2
8 years ago
Answers my question perfectly.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1148 People Browsing
 109 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 323
  
 2303
  
 337
Your Opinion
What's your favorite coffee beverage?
Votes: 274
Previous poll results: Who will win the 2024 president election?