Nelvana Company Makes Tablets

question 167

Essay

Nelvana Company makes tablets. During the year, Nelvana manufactured and sold 75,000 tablets at a sales price of $600 per unit. Nelvana's per-unit product cost was $540, and selling and administrative expenses totalled $3,200,000.
Required:
A. Calculate the total sales revenue.
B. Calculate the gross margin.
C. Calculate the operating income.
D. Calculate the operating income if 75,000 tablets were produced and 69,000 were sold.

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Definitions:

Poverty of Thought

A reduction in the quantity or content of thought, often seen in various mental health conditions.

Social Isolation

The state of being detached or distanced from others, resulting in lack of social interactions or connections.

Hallucinations

Perceptions of objects, sounds, or sensations that appear real but are created by the mind, commonly associated with mental health conditions.

Apathy

A lack of interest, enthusiasm, or concern about emotional, social, or physical life.