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

Recognize the role of supply chain management and distribution channels in delivering value to customers.

Identify the impact of marketing on various stakeholders, including society at large.

Understand how marketing channels and supply chain management contribute to efficient distribution and customer satisfaction.

Recognize the importance of marketing communication in informing, persuading, and reminding potential buyers about a product or service.

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Definitions:

Children of Divorce

Refers to children who experience the divorce of their parents, focusing on the impact on their emotional, social, and psychological development.

Intact High-conflict Families

Families that stay legally together but experience persistent conflict and tension, which may affect their functioning and the well-being of their members.

United States

A country located in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.

Divorce Rate

The statistical measure of the number of divorces occurring among the population within a given time period, often per 1,000 inhabitants.