Accounting Question

Question list It costs Homer's Manufacturing $0.55 to produce baseballs and Homer sells them for $7 apiece. Homer pays a sales commission of 5% of sales revenue to his sales staff. Homer also pays $12,000 a month rent for his factory and store, and also pays $81,000 a month to his staff in addition to the commissions. Homer sold 71,500 baseballs in June. If Homer prepares a traditional income statement for the month of June, what would be his operating income? Question 7 A. $343,150 Question 8 B. $500,500 C. $461,175 D. $436,150 Question 9 Question 10 Question 11 Question 12