Solved

Happy Home,Inc Calculate the Operating Income for the Company

Question 134

Multiple Choice

Happy Home,Inc.provides housekeeping services.The following financial data have been provided.  Service Revenue $80,000 Cleaning Supplies Used 21,500 Wages Expense 18,350 Office Rent Expense 5350 Depreciation Expense-  Machinery 750\begin{array} { | l | r | } \hline \text { Service Revenue } & \$ 80,000 \\\hline \text { Cleaning Supplies Used } & 21,500 \\\hline \text { Wages Expense } & 18,350 \\\hline \text { Office Rent Expense } & 5350 \\\hline \text { Depreciation Expense- } & \\\text { Machinery } & 750 \\\hline\end{array} Calculate the operating income for the company.


A) $40,150
B) $34,800
C) $34,050
D) $52,400

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents