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THE Company sells a single product for $52 per unit. The costs of producing this product include direct materials and direct labor, both variable costs,
THE Company sells a single product for $52 per unit. The costs of producing this product include direct materials and direct labor, both variable costs, at a total of $21 per unit and an overhead cost, which is a mixed cost. Information about the overhead cost for the past four months appears below: Month Overhead Cost Units Sold January $76,100 3,200 February $93,700 4,700 March $72,100 2,900 April $88,800 4,100 THE Company expects to sell 4,380 units in May. Using the high-low method, calculate THE Company's expected net income for May.
Group of answer choices
$49,860
$31,430
$53,710
$41,200
$56,350
$45,920
$36,980
none of the above choices are correct
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