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Chapter 5: Applying Excel Data Unit sales 84,000 units Selling price per unit $10 per unit Variable expenses per unit $4 per unit Fixed expenses

Chapter 5: Applying Excel
Data
Unit sales 84,000 units
Selling price per unit $10 per unit
Variable expenses per unit $4 per unit
Fixed expenses $210,000

4. a) What is net operating income? (Negative amount should be indicated by a minus sign.)

(b) By what percentage did the net operating income increase?

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