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Partridge Inc., reported sales of 7,800 units in June at a selling price of $576 per unit. Cost of goods sold, which is a variable
Partridge Inc., reported sales of 7,800 units in June at a selling price of $576 per unit. Cost of goods sold, which is a variable cost, was $324 per unit. Variable selling expenses were $43 per unit and variable administrative expenses were $36 per unit. The total fixed selling expenses were $165,250 and the total administrative expenses were $219,400. What was the net income for June?
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