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Company XYZ has the following information: Number of units produced and sold 400,000 units Operating income $160,000 Total investment in assets $3,400,000 Variable cost per
Company XYZ has the following information: Number of units produced and sold 400,000 units Operating income $160,000 Total investment in assets $3,400,000 Variable cost per unit $3.00 Fixed cost for the year What is the selling price of the product? $2,800,000 $5.80 $17.80 $28.50 $10.40 $34.80
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