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Clay Earth Company sells ceramic pottery at a wholesale price of $4.00 per unit. The variable cost of manufacturing is $1.50 per unit. The fixed
Clay Earth Company sells ceramic pottery at a wholesale price of
$4.00
per unit. The variable cost of manufacturing is
$1.50
per unit. The fixed costs are
$6,300
per month. It sold
4,600
units during this month. Calculate Clay Earth's operating income (loss) for this month.
A.
$(5,200)
B.
$5,200
C.
$12,100
D.
$(6,300)
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