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What is net income for a merchandising company

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Reference no: EM131767497

Lemon Company spends $4.5 in variable costs for each product produced. Fixed manufacturing overhead costs are $105482 a year. This year, they produced 10,000 units. What is the average cost per unit produced? Your answer should be input to two decimal places, without using a dollar sign or commas.

What is net income for a merchandising company with the following data?

Sales revenue $55000
Utilities $1100
Inventory on Dec. 31st $9708
Inventory on Jan 1 $12000
Rent for shop $3040
Sales commissions $4300
Purchases of Merchandise $36985

Input your answers without dollar signs or commas.

 

Reference no: EM131767497

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