Harrison Company had the following information:

-What is the net income for 10,000 units?
A) $90,000
B) $120,000
C) $300,000
D) $270,000

Name: Harrison Company had the following information: -What is the net income for 10,000 units? A) $90,000 B) $120,000 C) $300,000 D) $270,000
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Question

Harrison Company had the following information:
 
-What is the net income for 10,000 units?
A) $90,000 
B) $120,000 
C) $300,000 
D) $270,000

Quizplus · Accepted Answer

Net income = (Sales - Cost of goods sold - Operating expenses)= (10,000 * $15) - (10,000 * $3) - (10,000 * $3)= $150,000 - $30,000 - $30,000= $90,000

Harrison Company Had the Following Information