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Question 17 8.33 pts The Himalayan Pepper Corp makes one product and has provided the following information: Budgeted selling price per unit $ 100per unit

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Question 17 8.33 pts The Himalayan Pepper Corp makes one product and has provided the following information: Budgeted selling price per unit $ 100per unit sold Budgeted unit sales, February 1,000units Raw materials requirement per unit of output 5pounds Raw materials cost $ 2.00per pound Direct labor requirement per unit of output 2direct labor-hours Direct labor wage rate $ 5.00per direct labor-hour Predetermined overhead rate (all variable) $ 5.00per direct labor-hour Variable selling and administrative expense $ 10.00per unit sold Fixed selling and administrative expense $ 40,000per month The estimated net operating income (loss) for February is closest to: (Round your intermediate calculations to 2 decimal places.) $50,000 O $40,000 $20,000 O $30,000

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