Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. in 2019, teller company sold 3,000 units at $8 eac

In 2019, Teller Company sold 3,000 units at $8 each. Variable expenses were $3.60 per...

90.2K

Verified Solution

Question

Accounting

In 2019, Teller Company sold 3,000 units at $8 each. Variable expenses were $3.60 per unit and

fixed expenses were $2,400.What was Tellers 2019 net income?

A.3,000

B.10,800

C.15,600

D.2,400

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A pack of 36 black sharp tip markers costs 34 49 What is the price...

Algebra
Q

A cue ball traveling at 5.93 m/s makes a glancing, elastic collision with a target ball...

Physics
Q

5 A particle of mass 1 g executes an oscillatory motion on the concave surface...

Physics
Q

Find the area of the triangle below 12 m 6 m 17 m 7 5...

Basic Math
Q

Solve the equation and enter the solution set below If there is more than one...

Algebra
Q

Linear Linear programming can be used in a variety of situations In most of the...

Algebra
Q

3 4 Across 4 A number that can be written a b where a and...

Algebra
Q

18 s 0 n 0 ec 0 sc 0 cot 0 6 1 10 18...

Algebra
Q

Koop Company has total proceeds (before segregation of sales taxes) from sales of $9,540. If...

Accounting
Q

Consider the following general ledger and bank statement for Aneem Salon. Account:...

Accounting
Q

Saxon Products, Incorporated, is investigating the purchase of a robot for use on the company's...

Accounting
Q

Lindsay has an investment that pays her $75,000 every year for the next 8 years....

Accounting