Stallard Corporation gathered the following information for the year just ended: During the year, Stallard produced and sold 50,000 units of product at a selling price of $5.64 per unit. There was no beginning inventory of product at the start of the year.
What is the operating income (loss)for the year?

Question

Stallard Corporation gathered the following information for the year just ended:  During the year, Stallard produced and sold 50,000 units of product at a selling price of $5.64 per unit. There was no beginning inventory of product at the start of the year.
What is the operating income (loss)for the year?

Quizplus · Accepted Answer

The Answer of Stallard Corporation gathered the following information for the year just ended:  During the year, Stallard produced and sold 50,000 units of product at a selling price of $5.64 per unit. There was no beginning inventory of product at the start of the year.
What is the operating income (loss)for the year?

Stallard Corporation Gathered the Following Information for the Year Just