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4.) A restaurant has budgeted sales revenue of $900,000 for the next year. Variable costs are 70% of sales revenue and fixed cost is $100,000.

4.) A restaurant has budgeted sales revenue of $900,000 for the next year. Variable costs are 70% of sales revenue and fixed cost is $100,000. Answer the following questions:

a. What are the total variable costs in dollars?

b. What is the amount of operating income?

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