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Axis Ltd produces a specialty statue for sale to collectors. In 2021. Axis Ltd.'s expected, and actual output was 12,000 statues. Potter sold 10,000 statues
Axis Ltd produces a specialty statue for sale to collectors. In 2021. Axis Ltd.'s expected, and actual output was 12,000 statues. Potter sold 10,000 statues at an average selling price of $300. Other information for Potter for 2021 include: (Direct materials $50 per unit: Variable manufacturing costs $40 per unit: Fixed manufacturing costs $800,000: Variable marketing and administrative costs $20 per unit). What is Axis Ltd's operating income under Variable costing? $ 1500,000 B $1900,000 $1100,000 $ 2500,000
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