The following information for the past year for the Blaine Corporation has been provided: During the year, the company produced and sold 30,000 units of product at a selling price of $15.00 per unit. There was no beginning inventory of product at the beginning of the year.
What is the operating income (loss)for the year?

Question

The following information for the past year for the Blaine Corporation has been provided:  During the year, the company produced and sold 30,000 units of product at a selling price of $15.00 per unit. There was no beginning inventory of product at the beginning of the year.
What is the operating income (loss)for the year?

Quizplus · Accepted Answer

The Answer of The following information for the past year for the Blaine Corporation has been provided:  During the year, the company produced and sold 30,000 units of product at a selling price of $15.00 per unit. There was no beginning inventory of product at the beginning of the year.
What is the operating income (loss)for the year?

The Following Information for the Past Year for the Blaine