Dahl Manufacturing is making its operating budget for the 4^th quarter of 2012. Sales are forecast at $60,000 in October, $65,000 in November, and $70,000 in December. Cost of goods sold it 40% of sales. Expenses are budgeted as follows:
How much is the net operating income/(loss)in November?
A)$6,200
B)$11,700
C)$7,480
D)$8,950

Question

Dahl Manufacturing is making its operating budget for the 4^th quarter of 2012. Sales are forecast at $60,000 in October, $65,000 in November, and $70,000 in December. Cost of goods sold it 40% of sales. Expenses are budgeted as follows:

Dahl Manufacturing is making its operating budget for the 4<sup>th</sup> quarter of 2012. Sales are forecast at $60,000 in October, $65,000 in November, and $70,000 in December. Cost of goods sold it 40% of sales. Expenses are budgeted as follows: How much is the net operating income/(loss)in November? A)$6,200 B)$11,700 C)$7,480 D)$8,950

How much is the net operating income/(loss)in November?
A)$6,200
B)$11,700
C)$7,480
D)$8,950

Quizplus · Accepted Answer

The Answer of Dahl Manufacturing is making its operating budget for the 4^th quarter of 2012. Sales are forecast at $60,000 in October, $65,000 in November, and $70,000 in December. Cost of goods sold it 40% of sales. Expenses are budgeted as follows: How much is the net operating income/(loss)in November?

Dahl Manufacturing Is Making Its Operating Budget for the 4th

Dahl Manufacturing Is Making Its Operating Budget for the 4^th