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If 500 units are sold for $12,500 and 765 units of materials are purchased for $15,300, and Fixed Costs are $10,000, then the Income Statement

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If 500 units are sold for $12,500 and 765 units of materials are purchased for $15,300, and Fixed Costs are $10,000, then the Income Statement will show: Select one: A. Income from operations of $12,800 B. Loss from operations of ($12,800) O C. No income or loss (break-even) D. None of the above

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