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A small manufacturing firm, 'G&N Ltd' makes whistles. During November 2,600 whistles were manufactured and 1,450 whistles were sold. Data from the November report

A small manufacturing firm, 'G&N Ltd' makes whistles. During November 2,600 whistles were manufactured and 1,450 whistles were sold. Data from the November report are shown below. Selling expenses 25,340 Direct labour 37,752 Interest expense 7,135 Manufacturing 32,760 overhead Direct materials 61,464 Administrative 19,675 expenses If sales in November are $138,040, then profit or loss for G&N Ltd is ... a. $0 Ob. $46,086 loss c. $6,064 profit Od. $12,288 profit Oe. $112,700 profit

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