Question
Dentofax, Inc. reports the following information for August: Sales Revenue $800,000 Variable Cost of Goods Sold 110,000 Fixed Cost of Goods Sold 65,000 Variable Selling
Dentofax, Inc. reports the following information for August:
| Sales Revenue | $800,000 |
| Variable Cost of Goods Sold | 110,000 |
| Fixed Cost of Goods Sold | 65,000 |
| Variable Selling and Administrative Costs | 130,000 |
| Fixed Selling and Administrative Costs | 65,000 |
Calculate the operating income for August using absorption costing.
A. $430,000
B. $370,000
C. $240,000
D. $995,000
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Agile Audit Transformation And Beyond
Authors: Toby DeRoche
1st Edition
1032062894, 978-1032062891
