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Dahl Manufacturing is making its operating budget for the 4th quarter of 2012. Sales are forecast at $60,000 in October, $65,000 in November, and $70,000 in December. Cost of goods sold it 40% of sales. Expenses are budgeted as follows:
How much is the net operating income/(loss)in December?
A)$6,200
B)$11,700
C)$7,480
D)$8,950
Ethnocentrism
The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a generalized prejudice towards other cultures.
Australia
A country and continent surrounded by the Indian and Pacific oceans, known for its Sydney Opera House, Great Barrier Reef, and unique wildlife.
Greece
A southeastern European country known for its ancient civilization, influential in arts, sciences, and democracy, with a rich history and cultural heritage.
Heterosexism
A belief system or ideology that considers heterosexual orientation as the norm, often resulting in discrimination against non-heterosexual orientations.
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