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Stylish Sitting is a retailer of office chairs located in San Francisco, California. Due to increased market competition, the CFO of Stylish Sitting has grown
Stylish Sitting is a retailer of office chairs located in San Francisco, California. Due to increased market competition, the CFO of Stylish Sitting has grown worried about the firm's upcoming income stream. The CFO asked you to use the company financial information provided below. Sales price Per-unit variable costs: Invoice cost Sales commissions Total per-unit variable costs Total annual fixed costs: Advertising Rent $ 76.00 41.75 18.35 $ 60.10 $ 56,050 78,100 226,100 Total annual fixed costs $360,250 Salaries If 40,100 office chairs were sold, Stylish Sitting's operating income (ng) would be: (Do not round intermediate calculations.). Multiple Choice $277,340. $317.340
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