Answer:
Net income= 180,000
Explanation:
Giving the following information:
Selling price per unit - $60
Variable costs per unit Manufacturing - $30
Selling and administrative - $6
Fixed costs per month Manufacturing - $40,000
Selling and administrative - $20,000
Q= 10,000
Sales= 60*10,000= 600,000
Variable costs= (30 + 6)*10,000= (360,000)
Contribution margin= 240,000
Fixed costs per month Manufacturing= (40,000)
Fixed Selling and administrative=(20,000)
Net income= 180,000
