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Figure 2-7

Question 147

Multiple Choice

Figure 2-7. Gateway Company produces a product with the following per-unit costs:
Figure 2-7. Gateway Company produces a product with the following per-unit costs: Last year,Gateway produced and sold 750 units at a sales price of $68 each.Total selling and administrative expense was $22,000. Refer to Figure 2-7.Total operating income last year was? A) $29,000 B) $51,000 C) $25,500 D) $3,500 Last year,Gateway produced and sold 750 units at a sales price of $68 each.Total selling and administrative expense was $22,000.
Refer to Figure 2-7.Total operating income last year was?


A) $29,000
B) $51,000
C) $25,500
D) $3,500

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