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Red and White Company reported the following monthly data: Units produced 3,000 units Sales price $35 per unit Direct materials $5 per unit Direct labor
Red and White Company reported the following monthly data: Units produced 3,000 units Sales price $35 per unit Direct materials $5 per unit Direct labor $6 per unit Variable overhead $7 per unit Fixed overhead $9,000 in total What is Red and White's net income under variable costing if 1,080 units are sold and operating expenses are $13,000?
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