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K It costs Homer's Company $0.65 to buy baseballs and Homer sells them for $6 apiece. Homer pays a sales commission of 5% of sales
K It costs Homer's Company $0.65 to buy baseballs and Homer sells them for $6 apiece. Homer pays a sales commission of 5% of sales revenue to his sales staff. Homer also pays $12,000 a month for his store, and pays $80,000 a month to his staff in addition to the commissions. Homer sold 70,500 baseballs in June. If Homer prepares a contribution margin income statement for the month of June, what would be his operating income? OA $264,025 OB. $66,975 OC. $344,025 OD. $423,000 +
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