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Division 1-A2 of JPT, Inc. reported the following information during 2024: selling price per unit variable costs per unit minimum required rate of return turnover

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Division 1-A2 of JPT, Inc. reported the following information during 2024: selling price per unit variable costs per unit minimum required rate of return turnover fixed costs units sold $20 $12 27% 1.96 $46,800 24,500 Calculate the residual income reported by Division 1-A2 in 2024

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