Katrina's Bridal Shoppe sells wedding dresses. The average selling price of each dress is $1,200, variable costs are $400, and fixed costs are $110,000. What is Katrina's operating income when 200 dresses are sold?

Name: Katrina's Bridal Shoppe sells wedding dresses. The average selling price of each dress is $1,200, variable costs are $400, and fixed costs are $110,000. What is Katrina's operating income when 200 dresses are sold?
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Question

Quizplus · Accepted Answer

200($1,200) - 200($400) - $110,000 = $50,000

Katrina's Bridal Shoppe Sells Wedding Dresses