Depreciation on production equipment

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Reference no: EM131202630

The following information relates to Mystic Manufacturing's 2013 accounting period: Raw materials used $17,400 Direct labor wages 33,400 Sales salaries and commissions 25,400 Depreciation on production equipment 3,040 Rent on manufacturing facilities 4,040 Administrative supplies and utilities 5,400 Sales revenue 109,000 Units produced 4,400 Units of sold 4,400 Based on this information, what is the company's net income for 2013?

Reference no: EM131202630

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