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    Exam 6: Reporting and Analyzing Inventory
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    In 2016, Teller Company Sold 3,000 Units at $600 Each
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In 2016, Teller Company Sold 3,000 Units at $600 Each

Question 109

Question 109

Multiple Choice

In 2016, Teller Company sold 3,000 units at $600 each.Variable expenses were $420 per unit, and fixed expenses were $240,000.What was Teller's 2016 net income?


A) $300,000
B) $540,000
C) $1,260,000
D) $1,800,000

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