Lilypad Hot Tubs,Inc Calculate the Operating Income for August Using Variable Costing

question 214

Multiple Choice

Lilypad Hot Tubs,Inc.reports the following information for August: $$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 650,000 \\\hline \text { Variable Costs } & 270,000 \\\hline \text { Fixed Costs } & 73,000 \\\hline\end{array}$$ Calculate the operating income for August using variable costing.

• A) $380,000
• B) $577,000
• C) $307,000
• D) $650,000

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Definitions:

Recognizing Patterns

The capability of identifying regularities, structures, or specific arrangements within sets of data, often utilizing machine learning algorithms for analysis.

Duplication

The act or process of producing an exact copy of something.

Total Cost

The complete amount of money spent on the purchase of goods or services, including all related expenses.

Sensory Experiences

Interactions with the environment that involve stimulation of any of the senses, providing a subjective perceptual experience.