Dahl Manufacturing Is Making Its Operating Budget for the 4^th

question 95

Essay

Dahl Manufacturing is making its operating budget for the 4^th 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

• A)$6,200
• B)$11,700
• C)$7,480
• D)$8,950

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Definitions:

Integrity

The quality of being honest and having strong moral principles, often regarded as a foundational element of ethical behavior in both personal and professional contexts.

Embellishing

The act of adding decorative details or features to something, often to make it more attractive or interesting; can also mean exaggerating facts.

Social Responsibility

The duty of businesses and individuals to act in the best interests of society and the environment.

Stakeholders

Customers, investors, employees, and public affected by or with an interest in a company.