The selling price of a widget is $15 and the fixed cost per month is $4,800. The variable cost per widget is $9. Calculate the net income on sales of 850 units per month.
A) $12,750
B) $7,950
C) $5,100
D) $1,150
E) $300
Correct Answer:
Verified
Q33: A small company can produce 500 dolls
Q34: The current annual budget for Armstrong Ltd.
Q35: The selling price of a widget is
Q36: Hot Dog Stand sells hot dogs for
Q37: The selling price of a widget is
Q39: Ace Corporation's variable costs are equal to
Q40: The current annual budget for Armstrong Ltd.
Q41: A small company can produce 500 dolls
Q42: Cliff runs a restaurant in a small
Q43: Cando Manufacturing makes lamps that retail at
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents