A total of 80000 units were produced and sold last month if


Question - High Fidelity Audio Inc. reported sales of $8,000,000 for the month and incurred variable expenses totaling $5,600,000 and fixed expenses totaling $1,440,000. The company has no beginning or ending inventories. A total of 80,000 units were produced and sold last month. If sales increase by 200 units, how much should net income increase?

A) $1,600

B) $6,000

C) $10,000

D) $19,200

Solution Preview :

Prepared by a verified Expert
Accounting Basics: A total of 80000 units were produced and sold last month if
Reference No:- TGS02567895

Now Priced at $20 (50% Discount)

Recommended (93%)

Rated (4.5/5)