Galose Coffee Company sold 7,000 units in October at a sales price of $45 per unit.The variable cost is $20 per unit.The monthly fixed costs are $8,000.What is the operating income earned in October?
A) $175,000
B) $315,000
C) $167,000
D) $140,000
Correct Answer:
Verified
Q62: Which of the following appears as a
Q65: Darwin Company sells glass vases at a
Q67: Which of the following is not an
Q68: The breakeven point is the point where
Q72: Target profit can be determined by using
Q73: Savannah Company sells glass vases at a
Q73: The dollar amount that provides for covering
Q75: Andres Napkin Company sells a product for
Q79: The fundamental assumption of cost-volume-profit (CVP)analysis is
Q96: Companies can use the contribution margin ratio
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents