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l Ariel Company reported the below cost and revenue formulas. Sales $ 2 7 q Cost of goods sold $ 1 2 q Salaries expense
l Ariel Company reported the below cost and revenue formulas.
Sales $q
Cost of goods sold $q
Salaries expense $ per month
Utilities expense $ plus $q
Rent expense $ per month
Misc expense $ plus $q
They planned to sell units and they actually sold units. Following are the actual results from the period.
Sales $
Cost of goods sold
Gross margin $
Salaries expense
Utilities expense
Rent expense
Misc. expense
Net operating income $
What is net income for the planning budget?
Group of answer choices
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$
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$
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