(Solved): Last year New Bem Tractor Company's CFO intentionaly misclassifled a period cost as a product cost ...

Last year New Bem Tractor Company's CFO intentionaly misclassifled a period cost as a product cost in the company's accounting system. The anount of the cost was $\$60,000$. During that year, the company produced 2,000 tractors and sold 1,000 of them during the year. Management was paid a bonus equal to $10\%$ of reported net income. In the yeat in which the misclassification was made: Miliple Choice managenents bonuses were $\$3,000$ more than they should have been manogementr bonuses were $\$1,000$ less than they should have been managements bonuses were $\$2.250$ more than they should have been management's bonuses were $\$5,000$ more than they should have been