Question
Ramona Company reported the following data. Price per unit = $10 Variable cost per unit = $7 Fixed cost = $1,500 Number of units sold
Ramona Company reported the following data.
Price per unit = $10
Variable cost per unit = $7
Fixed cost = $1,500
Number of units sold = 700 units
Given these data, compute NET INCOME.
-
$3,400
-
$1,200
-
$5,500
-
$600
-
$800
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Financial Accounting
Authors: Joe Ben Hoyle, C.J. Skender, Joe Hoyle
1st Edition
0982361831, 978-0982361832
