The Following Information Relates to Marshall Manufacturing's Current Accounting Period

question 131

Multiple Choice

The following information relates to Marshall Manufacturing's current accounting period: $$\begin{array} { l r } \text { Raw materials used } &\$ 34,000 \\\text { Direct labor wages } & 66,000 \\\text { Sales salaries and commissions } & 50,000 \\\text { Depreciation on production equipment } & 6,000 \\\text { Rent on marufacturing facilities } & 4,000 \\\text { Adrninistrative supplies ard utilities } & 10,000 \\\text { Sales revenue } & 210,000 \\\text { Units produced } & 10,000 \\\text { Units sold } & 10,000\end{array}$$ Based on this information,what is the company's net income?

• A) $40,000
• B) $70,000
• C) $30,000
• D) $42,000

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Definitions:

Incomes

The money received, especially on a regular basis, for work or through investments.

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity, including societal roles, behaviors, and identities.

Biological Sex

The classification of living beings, typically as male or female, based on the reproductive organs and functions that derive from the chromosomal complement.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond with the sex assigned at birth.