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Assume that you are part of the accounting team for Logan Industries. The company currently expects to sell 650 units for total revenue of $20,250
Assume that you are part of the accounting team for Logan Industries. The company currently expects to sell 650 units for total revenue of $20,250 each month. Logan Industries estimates direct materials costs of $3,150, direct labor costs of $4,200, variable overhead costs of $2,100, and variable selling and administrative costs of $1,050. Fixed costs of $6,750 are also expected, which includes fixed overhead and selling and administrative costs.
What is the operating income?
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