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A tile manufacturer has supplied the following data:Boxes of tiles produced and sold520,000Sales ...

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A tile manufacturer has supplied the following data:Boxes of tiles produced and sold520,000Sales ...

A tile manufacturer has supplied the following data:

Boxes of tiles produced and sold	520,000
Sales revenue	$ 2,132,000
Variable manufacturing expense	$ 650,000
Fixed manufacturing expense	$ 464,000
Variable selling and administrative expense	$ 260,000
Fixed selling and administrative expense	$ 312,000
Net operating income	$ 446,000

If the company increases its unit sales volume by 3% without increasing its fixed expenses, then total net operating income should be closest to: (Round your intermediate calculations to 2 decimal places.)

▸ $459,380

▸ $453,667

▸ $13,380

▸ $482,660

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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Thanks

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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