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16. West Corporation has provided the following cost data for last ycar when 100,000 units were produced and sold Raw materials Direct labor Manufacturing overhead
16. West Corporation has provided the following cost data for last ycar when 100,000 units were produced and sold Raw materials Direct labor Manufacturing overhead Selling and administrative expense $200,000 $100,000 $200,000 S150,000 All costs are variable except for $100,000 of manufacturing overhead and $100,000 of selling and administrative expense. There are no beginning or ending inventories. If the selling price is $10 per unit, the net operating income from producing and selling 110,000 units would be: A. $450,00o B. S385.000 C. s405,000 D. $560,000 17. East Company had the following income statement for the most recent year Sales (17,000 units) Variable expenses Contribution margin.. Fixed expense. Net operating income $357,0 255.000 102,000 Given this data, the unit contribution margin was A. $2 per unit B. S15 per unit C. $6 per unit D. $4 per unit 18. North Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July Sales (7,000 units). Variable expenses.. Contribution margin Fixed expense Net operating income.S36500 .S315,000 175,000 140,000 If the company sells 6,900 units, its net operating income should be closest to A. $35,979 B. $34,500
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