The fixed expenses of Greg's Snowboards are $760,000. The selling price for one snowboard is $200. The variable cost per unit is $76. If the company sells 8900 snowboards, its operating income is a

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Quizplus · Accepted Answer

The operating income can be calculated using the formula: Operating Income = (Selling Price per Unit - Variable Cost per Unit) * Number of Units Sold - Fixed Expenses. Here, it is: ($200 - $76) * 8900 - $760,000 = $343,600.

The Fixed Expenses of Greg's Snowboards Are $760,000