What is chromatics operating income last year, Accounting Basics

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What is chromatics operating income last year

Chromatics, Inc., produces novelty nail polishes. Each bottle sells for 3.60. Variable unit costs are as follows:

Acrylic base- .75
Pigments- .38
Other ingredients- .35
Bottle, packing material- 1.15
Selling commission- .25

Fixed overhead costs are 12000 per year. Fixed selling and administrative costs are 6720 per year. Chromatics sold 35000 bottles last year.
What is Chromatics' operating income last year?

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Accounting Basics: What is chromatics operating income last year

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Accounting Basics: What is chromatics operating income last year

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Recent Questions Asked Accounting Basics

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Accounting Basics: What is chromatics operating income last year

Reference No:- TGS0704743

Recent Questions Asked Accounting Basics

Q : Assume an exclusion ratio

Q : Determine the corrected amounts

Q : What portion of the debt can be excluded from classification

Q : Production facilities to include a new product line

Q : What is chromatics operating income last year

Q : Discuss the motor drives shipped amounted

Q : How much overhead cost will be charged to the two products

Q : Calculate net present value of the inventment opportunity

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