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Steve's Games has the following information relating to it's operations. Steve's Games expects to produce and sell 8,000 board games during the year at
Steve's Games has the following information relating to it's operations. Steve's Games expects to produce and sell 8,000 board games during the year at a sales price of $50 per game. Steve's incurs direct materials of $12 per bike. Each game requires 1.5 hours of direct labor at a cost of $14 per hour. Total Manufacturing overhead for the year was estimated to be $81,000. . Budgeted selling and administrative expenses are $30,000 for the year. What is Steve's expected net income (loss)? (Ignore income taxes) ($9,000) $91,000 $121,000 $9,000
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