Caterlebe Productions uses a standard costing system.At the end of 2015,the following details are found in its books.
Sales Revenues: $750,000
Cost of Goods Sold (standard costing): $400,500
Marketing & Admin expenses: $150,000
Variances:
Calculate the standard net operating income.

Question

Caterlebe Productions uses a standard costing system.At the end of 2015,the following details are found in its books.
Sales Revenues: $750,000
Cost of Goods Sold (standard costing): $400,500
Marketing & Admin expenses: $150,000
Variances:
  Calculate the standard net operating income.

Quizplus · Accepted Answer

The Answer of Caterlebe Productions uses a standard costing system.At the end of 2015,the following details are found in its books.
Sales Revenues: $750,000
Cost of Goods Sold (standard costing): $400,500
Marketing & Admin expenses: $150,000
Variances:
  Calculate the standard net operating income.

Caterlebe Productions Uses a Standard Costing System