Treble Inc. planned and manufactured 250,000 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $30 per unit of production. Planned and actual fixed manufacturing costs were $600,000. Marketing and administrative costs (all fixed) were $300,000 in 2019. Treble Inc. sold 200,000 units of product in 2019 at $60 per unit.
Sales for 2019 are calculated to be:
A) $1,000,000.
B) $5,000,000.
C) $7,500,000.
D) $10,000,000.
E) $12,000,000.
Correct Answer:
Verified
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