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A cement manufacturer has supplied the following data: Tons of cement produced and sold 220000 Sales revenue $924000 Variable manufacturing expense $297000 Fixed manufacturing expense

A cement manufacturer has supplied the following data:

Tons of cement produced and sold

220000

Sales revenue

$924000

Variable manufacturing expense

$297000

Fixed manufacturing expense

$285498

Variable selling and administrative expense

$165000

Fixed selling and administrative expense

$81917

If the company increases its unit sales volume by 5% without increasing its fixed expenses, what would operating income be closest to

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