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Luebke Incorporated has provided the following data for the month of November. The balance in the Finished Goods Inventory account at the beginning of the
Luebke Incorporated has provided the following data for the month of November. The balance in the Finished Goods Inventory account at the beginning of the month was $57,000 and at the end of the month was $30.500. The cost of goods manufactured for the month was $214,500. The actual manufacturing overhead cost incurred was $56.500 and the manufacturing overhead cost applied to Work In Process was $60,000. The company closes out any underapplied or overapplied manufacturing overhead to cost of goods sold. The adjusted cost of goods sold that would appear on the Income statement for November is: Multiple Choice O $199,000 O $241,000 $237.500 $214,500 214.500 Data concerning Wislocki Corporation's single product appear below. Per Unit $ 160 24 Percent of Sales 1865 15% Selling price Variable expenses Contribution margin $ 136 85% Fixed expenses are $1.031.000 per month. The company is currently selling 9.800 units per month. Required: The marketing manager would like to introduce sales commissions as an Incentive for the sales staff. The marketing manager has proposed a commission of $11 per unit. In exchange, the sales staff would accept an overall decrease in their salaries of $115,000 per month. The marketing manager predicts that Introducing this sales Incentive would increase monthly sales by 440 units. What should be the overall effect on the company's monthly net operating Income of this change? Change in net operating income
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