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

question 141

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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