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bernie2981 bernie2981
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8 years ago
The following information for the past year for the Blaine Corporation has been provided:

Fixed costs:   
Manufacturing   $125,000
Marketing   23,000
Administrative   21,000
Variable costs:   
Manufacturing   $115,000
Marketing   30,000
Administrative   43,000

During the year, the company produced and sold 30,000 units of product at a selling price of $15.00 per unit. There was no beginning inventory of product at the beginning of the year.

What is the operating income (loss) for the year?
A) $281,000
B) $450,000
C) $93,000
D) $262,000
Textbook 
Managerial Accounting

Managerial Accounting


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nucleinuclei
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bernie2981 Author
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8 years ago
Wow! Thank you
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TY
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