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Staley Co. manufactures electronic equipment. The following is a summary of its basic cost and revenue data: 25 Per Unit Percent Sales price $480 100 Variable costs 312 65 2 Unit contribution margin $168 35 points 01:47:49 Assume that Staley Co. is currently selling 600 products per month and monthly fixed costs are $80,000. Staley Co's operating income (Tip) is calculated to be: Multiple Choice O $23,800. O $19,800. O $20,800. O $21,800. O $24,800