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A-line LLC manufactures small aircrafts. At the end of their first year, they sold 8,000 units. Using the following information, with a variable cost income
A-line LLC manufactures small aircrafts. At the end of their first year, they sold 8,000 units. Using the following information, with a variable cost income statement, what would be their contribution margin and operating income? Budgeted Variable Operating Expense $5 per unit Budgeted Fixed Operating Expense $88,000 Budgeted Variable Manufacturing Cost $7 per unit Budgeted Fixed Manufacturing Cost $50,000 Budgeted Production 10,000 units Budgeted Selling Price $90 Select answer from the options below Contribution Margin $780,000 and Operating Income $642,000 Contribution Margin $720,000 and Operating Income $138,000 Contribution Margin $486,000 and Operating Income $624,000 Contribution Margin $624,000 and Operating Income $486,000
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