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acc managerial Last month, Alvarez Inc. sold its product for $50 per unit. Fixed production costs were $25,000, and variable production costs amounted to $10.50
acc managerial
Last month, Alvarez Inc. sold its product for $50 per unit. Fixed production costs were $25,000, and variable production costs amounted to $10.50 per unit. Fixed selling and administrative costs totaled $15,000, and variable selling and administrative costs amount to $2.00 per unit. The company produced and sold 5,000 units last month. What is the total operating profit? O $250,000 $187.500 $172.500 $147,500 Step by Step Solution
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