Question
QRS Company produces a single product. During the month of September, it produced 30,000 units and sold 25,000 units. The selling price per unit is
QRS Company produces a single product. During the month of September, it produced 30,000 units and sold 25,000 units. The selling price per unit is $100, and the variable cost per unit is $60. The company incurred fixed costs of $70,000 during the same period. Calculate the operating income for September.
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Survey of Accounting
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay
5th edition
1259631125, 978-1259631122
