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Question 13 Putnam Company Below is an income statement for Putnam Company: Sales $600,000 Variable costs (150,000) Contribution margin $450,000 Fixed costs (300,000) Profit before
Question 13 Putnam Company Below is an income statement for Putnam Company: Sales $600,000 Variable costs (150,000) Contribution margin $450,000 Fixed costs (300,000) Profit before taxes $150,000 If we assume that there is no change in fixed costs, what will be the expected net income on sales of $850,000? O A. $415,325 B. $337,500 o C. $325,000 O D. $550,000
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