Lilypad Hot Tubs,Inc.reports the following information for August: $$\begin{array} { | l | r | }
\hline \text { Sales Revenue } & \$ 640,000 \
\hline \text { Variable Costs } & 210,000 \
\hline \text { Fixed Costs } & 73,000 \
\hline
\end{array}$$ Calculate the operating income for August using variable costing.
A)$430,000
B)$567,000
C)$357,000
D)$640,000

Question

Lilypad Hot Tubs,Inc.reports the following information for August: $$\begin{array} { | l | r | } 
\hline \text { Sales Revenue } & \$ 640,000 \
\hline \text { Variable Costs } & 210,000 \
\hline \text { Fixed Costs } & 73,000 \
\hline
\end{array}$$ Calculate the operating income for August using variable costing.
A)$430,000
B)$567,000
C)$357,000
D)$640,000

Quizplus · Accepted Answer

The Answer of Lilypad Hot Tubs,Inc.reports the following information for August: $$\begin{array} { | l | r | } 
\hline \text { Sales Revenue } & \$ 640,000 \
\hline \text { Variable Costs } & 210,000 \
\hline \text { Fixed Costs } & 73,000 \
\hline
\end{array}$$ Calculate the operating income for August using variable costing.
A)$430,000
B)$567,000
C)$357,000
D)$640,000

Lilypad Hot Tubs,Inc Calculate the Operating Income for August Using Variable Costing