Question
Sydney Company provided the following information for last month: Production in units 3,000 Direct materials cost $7,000 Direct labor cost $10,000 Overhead cost $9,600 Sales
Sydney Company provided the following information for last month:
| Production in units | 3,000 |
| Direct materials cost | $7,000 |
| Direct labor cost | $10,000 |
| Overhead cost | $9,600 |
| Sales commission per unit sold | $4 |
| Price per unit sold | $29 |
| Fixed selling and administrative expense | $9,000 |
There were no beginning and ending inventories. What is the operating income for Sydney Company for last month?
Group of answer choices
$39,400
$44,600
$43,000
$41,400
$27,400
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Managing The Audit Function A Corporate Audit Department Procedures Guide
Authors: Michael P. Cangemi, Tommie W. Singleton
3rd Edition
0471281190, 978-0471281191
