Figure 2-7. Gateway Company produces a product with the following per-unit costs:
Last year,Gateway produced and sold 750 units at a sales price of $68 each.Total selling and administrative expense was $22,000.
Refer to Figure 2-7.Total operating income last year was?
A)$29,000
B)$51,000
C)$25,500
D)$3,500

Question

Figure 2-7. Gateway Company produces a product with the following per-unit costs:
 Last year,Gateway produced and sold 750 units at a sales price of $68 each.Total selling and administrative expense was $22,000.
Refer to Figure 2-7.Total operating income last year was?
A)$29,000 
B)$51,000 
C)$25,500 
D)$3,500

Quizplus · Accepted Answer

The Answer of Figure 2-7. Gateway Company produces a product with the following per-unit costs:
 Last year,Gateway produced and sold 750 units at a sales price of $68 each.Total selling and administrative expense was $22,000.
Refer to Figure 2-7.Total operating income last year was?
A)$29,000 
B)$51,000 
C)$25,500 
D)$3,500