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Assume the following: Sales $ 240,000 Overapplied overhead $ 6,000 Cost of goods manufactured $ 180,000 Beginning finished goods inventory $ 10,000 Ending finished goods
Assume the following:
Sales $ 240,000
Overapplied overhead $ 6,000
Cost of goods manufactured $ 180,000
Beginning finished goods inventory $ 10,000
Ending finished goods inventory $ 14,000
Selling and administrative expenses $ 40,000
What is the net operating income?
A 23000
B 32000
C 30000
D 37000
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