QUIZ Question 21 Walsh Corporation has provided the following data for its two m
ID: 2407793 • Letter: Q
Question
QUIZ Question 21 Walsh Corporation has provided the following data for its two most recent years of operation: Not yet answered Points out of 3 P Flag question 9 10 17 18 25 26 59 Selling price per unit Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year Selling and administrative expenses: Variable selling and administrative expense per unit sold Fixed selling and administrative expense per year Finish att $ 11 4 $ 88,000 4 $ 80,000Explanation / Answer
Sales revenue 590000 Variable expenses: Cost of goods sold 210000 Selling and adminstrative expenses 40000 Contribution margin 340000 Fixed expenses 168000 =88000+80000 Net operating income 172000 Option C is correct