Question
Wooten & McMahon Enterprises produces a product with the following per-unit costs: Direct materials$13.00Direct labor8.80Manufacturing overhead16.50 Last year, Wooten & McMahon Enterprises produced and sold
Wooten & McMahon Enterprises produces a product with the following per-unit costs:
Direct materials$13.00Direct labor8.80Manufacturing overhead16.50Last year, Wooten & McMahon Enterprises produced and sold 825 units at a sales price of $74.80 each. Total selling and administrative expense was $24,200. What was the total operating income last year?(Note: Round your answer to two decimal places.)
a. $5,912.50
b. $29,000.75
c. $25,500.50
d. $51,000.00
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Foster George, Srikand M. Datar, Maureen P. Gowing
5th Canadian Edition
0135004934, 978-0135004937
