Question
Henricks Company has the following information available: Revenue $500,000 Variable production costs $100,000 Fixed production costs $100,000 Variable selling costs $50,000 Fixed selling costs $50,000
Henricks Company has the following information available: Revenue $500,000 Variable production costs $100,000 Fixed production costs $100,000 Variable selling costs $50,000 Fixed selling costs $50,000 What is the gross margin and net income?
| $300,000; $200,000 | ||
| $250,000; $150,000 | ||
| $200,000; $200,000 | ||
| $400,000: $200,000 |
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Managerial Accounting
Authors: Paul E. Dascher, Jerry R. Strawser, Robert H. Strawser, Ronald M. Copeland
8th Edition
0873937643, 978-0873937641
