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Tokless Inc. planned and manufactured 460,000 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $62 per unit
Tokless Inc. planned and manufactured 460,000 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $62 per unit of production. Planned and fixed manufacturing costs were $860,000. Marketing and administrative costs (all fixed) were $660,000 in 2019. Tokless Inc. sold 207,000 units of product in 2019 at $77 per unit.
Sales for 2019 are calculated to be:
Multiple Choice
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$12,834,000.
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$15,939,000.
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$14,320,000.
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$15,220,000.
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$28,520,000.
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