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Budgeted revenue and expenses for Jillian's Jelly Beans are as follows: Sales revenue $1.00 per bag Variable costs: Direct material .25 per bag Direct labor

Budgeted revenue and expenses for Jillian's Jelly Beans are as follows: Sales revenue $1.00 per bag Variable costs: Direct material .25 per bag Direct labor .15 per bag Marketing costs .10 per bag Fixed costs $ 50 for up to 750 bags If 750 bags are sold, budgeted net income would be:

a.

$ 325

b.

$ 375

c.

$ 750

d.

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