Indiana Corporation Produces a Single Product That It Sells for $9

question 102

Multiple Choice

Indiana Corporation produces a single product that it sells for $9 per unit. During the first year of operations, 100,000 units were produced and 90,000 units were sold. Manufacturing costs and selling and administrative expenses for the year were as follows:
What was Indiana Corporation's net operating income for the year using variable costing?

• A) $181,000
• B) $271,000
• C) $281,000
• D) $371,000

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Pertaining to or involving relations between people; often refers to skills in engaging and communicating with others.

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