Question
The following is the year ended data for Baker Company: Sales Revenue $155,000 Cost of Goods Manufactured 121,000 Beginning Finished Goods Inventory 10,800 Ending Finished
The following is the year ended data for Baker Company:
| Sales Revenue | $155,000 |
| Cost of Goods Manufactured | 121,000 |
| Beginning Finished Goods Inventory | 10,800 |
| Ending Finished Goods Inventory | 12,800 |
| Selling Expenses | 5,500 |
| Administrative Expenses | 13,000 |
What is the operating income?
A. $119,000
B. $17,500
C. $34,000
D. $36,000
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Cornerstones Of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
3rd Edition
9781305147102, 1285751787, 1305147103, 978-1285751788
