Question - Winegard Company has the following information available:
Revenue 500,000
Variable Production cost 100,000
Fixed Production Units 100,000
Variable Selling Cost 50,000
Fixed Selling Cost 50,000
What is the gross margin and net income?
A. 300,000 : 200,000
B. 400,000 : 200,000
C. 250,000 ; $150,000
D. 200,000: 200,000