jayyyb3732 jayyyb3732

24-07-2018
Business

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In 2013, teller company sold 3,000 units at $400 each. variable expenses were $280 per unit, and fixed expenses were $160,000. what was teller's 2013 net income?

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lifelearner27 lifelearner27

24-07-2018

Total rev = 3000x400 = 1.2 million - (3000 x 280) 840,000 - 160,000 = 200,000 in net income.

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