Ormand Company uses variable costing for internal decision-making purposes and has the following information for June: Sales $900,000 Variable cost of goods sold 440,000 Fixed manufacturing costs 160,000 Variable selling and administrative expenses 100,000 Fixed selling and administrative expenses 70,000 Determine the income from operations for June.

$130000

Explanation:

Given: Sales revenue= $900000.

          Variable cost of goods sold= $440000.

          Fixed manufacturing cost= $160000

          Variable selling and administration expense= $100000.

          Fixed selling and administrative expense= $70000.

Now, finding the income from operation for June.

Formula; Income from operation=

⇒ Income from operation=  

⇒ Income from operation=

⇒ Income from operation=

∴ Income from operation=

Hence, $130000 is the income from operation for June.

whats the

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.