Pecan Co, produced and sold 40.000 units last year, per unit revenue and costs were as shown
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Question:
Pecan Co, produced and sold 40.000 units last year, per unit revenue and costs were as shown in the table.
Revenue. $100.00
cost of goods sold
direct materials $15.00
direct labour. $30.00
variable manufactureing overhead 20.00
fixed manufacturing overhead 10.00
total cost of goods sold 75.00
gross margin. $25.00
selling and Administrative cost
sales commissions (10% of sales)
fixed manufacturing overheadand administrative salaries are fixed costs. the per unit amounts are based on last year's production.
calculate last year's opreating income when the company produced and sold 40.000units. round to the nearest dollar?
Expert Answer:
Related Book For 
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
Posted Date:
