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Murljashka [212]
3 years ago
12

Question 1 of 3 Freshmart, Inc., began operations this year. The company produced 1,000 units and sold 1,000 units at a selling

price of $100 per unit. Fixed overhead costs totaled $30,000 and fixed selling and administrative expenses were $15,000. Variable production costs were $25.00 per unit while variable selling and administrative expenses were $10.00 per unit. Using absorption costing, net income was: $45,000. $55,000. $20,000. $65,000.

Business
1 answer:
inessss [21]3 years ago
8 0

Answer:

$20,000

Explanation:

Please see attachment .

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