Question
1. Never Ever Clean Inc. provides housekeeping services. The following financial data has been provided. Service Revenue $100,000 Cleaning Supplies Used 45,000 Wages Expense 40,700
1. Never Ever Clean Inc. provides housekeeping services. The following financial data has been provided.
| Service Revenue | $100,000 |
| Cleaning Supplies Used | 45,000 |
| Wages Expense | 40,700 |
| Office Rent Expenses | 10,500 |
| DepreciationMachinery | 1500 |
Calculate the operating income of the company?
2. Kitty Kat blenders Company sold 4,000 units in October at a price of $45 per unit. The variable cost is $25 per unit. The monthly fixed costs are $15,000. What is the operating income earned in October?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Accountants Guide To Fraud Detection And Control
Authors: Howard R. Davia, Patrick C. Coggins, John C. Wideman, Joseph T. Kastantin
2nd Edition
0471353787, 9780471353782
