Alpine Productions uses a standard cost system for recording transactions.Alpine reported the following data for the year ended December 31:
Sales revenues: $550,000
Cost of goods sold (standard costing): $382,000
Selling & admin expenses: $90,000
Variances:

What is the standard net operating income?
A)$77,795
B)$81,895
C)$171,895
D)$78,000

Question

Alpine Productions uses a standard cost system for recording transactions.Alpine reported the following data for the year ended December 31:
Sales revenues: $550,000
Cost of goods sold (standard costing): $382,000
Selling & admin expenses: $90,000
Variances:

What is the standard net operating income?
A)$77,795 
B)$81,895 
C)$171,895 
D)$78,000

Quizplus · Accepted Answer

B) 11ea8a42_4fb1_5e2e_8b44_9b164ccaed82_TB5024_00

Alpine Productions Uses a Standard Cost System for Recording Transactions