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Assume the following: Sales $ 240,000 Overapplied overhead $ 6,000 Cost of goods manufactured $...

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Accounting

Assume the following:

Sales $ 240,000

Overapplied overhead $ 6,000

Cost of goods manufactured $ 180,000

Beginning finished goods inventory $ 10,000

Ending finished goods inventory $ 14,000

Selling and administrative expenses $ 40,000

What is the net operating income?

A 23000

B 32000

C 30000

D 37000

Answer & Explanation Solved by verified expert
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