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The Kringel Company Provides the Following Information -Refer to the Figure

Question 2

Multiple Choice

The Kringel Company provides the following information:
 Sales (200,000 units)  $500,000 Manufacturing costs:  Variable 170,000 Fixed 30,000 Selling and administrative costs:  Variable 80,000 Fixed 20,000\begin{array}{lr}\text { Sales }(200,000 \text { units) } & \$ 500,000 \\\text { Manufacturing costs: } & \\\text { Variable } & 170,000\\\text { Fixed } &30,000 \\\text { Selling and administrative costs: } & \\\text { Variable } &80,000 \\\text { Fixed } & 20,000\end{array}
-Refer to the figure.What is the net income for Kringel?


A) $50,000
B) $200,000
C) $250,000
D) $500,000

Correct Answer:

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