Table Manufacturing Company produces one style of tables.
the following data pertain to producing one table
Planned production/month
units (one table)	50
Piece of woods (M)	19
Estimated M price	$20
Actual production
Quantity purchased (QP) from M	20
Actual price (AP)	$19
Material volume (efficiency) variance?

		A$19, Favorable
		B$19, Unfavorable
		C$20, Favorable
		D$20, Unfavorable

ABC Company estimates the following data for the coming month

Total variable costs

$ 35,000.00

Income tax rate

25%

Contribution margin percentage

40%

Estimated monthly operating fixed costs

$16,000.00

Required minimum net income as percentage of total sales

10%

Find the excess amount of operating income over required minimum.

		A$1,500.00
		B$2,500.00
		C$4,500.00
		D$7,333.33