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QRS Company produces a single product. During the month of January, it produced 60,000 units and sold 55,000 units. The selling price per unit is

QRS Company produces a single product. During the month of January, it produced 60,000 units and sold 55,000 units. The selling price per unit is $250, and the variable cost per unit is $150. The company incurred fixed costs of $150,000 during the same period. Calculate the operating income for January.

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