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    iiluvjeffreyb's Avatar
    iiluvjeffreyb Posts: 7, Reputation: 1
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    #1

    Jun 13, 2016, 03:08 PM
    ACCOUNTING HOMEWORK HELP! What is the net operating income?
    Calder Corporation manufactures and sells one product.The following information pertains to the company's firstyear of operations:

    Variable costs per unit:
    Direct Materials $92

    Fixed costs per year:
    Direct Labor $720,000
    Fixed manufacturing overhead $3,264,000
    Fixed selling and administrative $1,935,000

    The company does not have any variable manufacturingoverhead costs or variable selling and administrativecosts. During its first year of operations, the companyproduced 48,000 units and sold 45,000 units. The company’sonly product sells for $258 per unit.

    What is the net operating income?


    I ANSWERED:
    45,000*258=11,610,000 in revenue

    BUT I GOT CONFUSED ON HOW TO CONTINUE..CAN SOMEONE PLEASE GIVE ME ADVICE??
    teacherjenn4's Avatar
    teacherjenn4 Posts: 4,005, Reputation: 468
    Education Expert
    		  
    #2

    Jun 13, 2016, 04:25 PM
    This is an all volunteer site. Someone will come along to help. It's not a live chat, so be patient and be prepared to show your work, as we don't do homework for you. Writing in all caps won't get your question answered more quickly.
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