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Julia Industries produces cookware. The master budget called for production of 75,000 units this year. The budget at that level of production follows: Due to

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Julia Industries produces cookware. The master budget called for production of 75,000 units this year. The budget at that level of production follows: Due to the popularity of cooking shows on television, Julia Industries now estimates sales will be 80,000 units. What is budgeted operating income at this level? a. $185,000 b. $160,000 c. $230,000 d. $167, 500

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