What is the company's net income for the month (as needed , round your final...
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Accounting
What is the company's net income for the month (as needed , round your final answer to the nearest whole dollar)?
As in the previous Participation Exercise, the Khalid Company manufactures and sells Paso- the-Salsa, which is a bottled condiment used on a variety of foods. Each bottle is sold for $6. The company recently had the following costs to produce 12,000 units of its product during August: A. Rent of $5,000 on a billboard to help advertise the product B. Rent on factory and equipment of $8,000 C. Total payroll for hourly paid, factory workers $24,000 Tomatoes, onions, spices and bottles $18,000 D. E. Total payroll for salaried, administrative staff $6,000 Question 3 0/1 pts What is the company's net income for the month (as needed, round your final answer to the nearest whole dollar)? 4,333
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