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The following information is for the Jeffries Corporation: Product A: Revenue $16.00 Variable Cost $12.00 Product B: Revenue $24.00 Variable Cost $16.00 Total fixed costs
The following information is for the Jeffries Corporation: Product A: Revenue $16.00 Variable Cost $12.00 Product B: Revenue $24.00 Variable Cost $16.00 Total fixed costs $75,000 What is the operating income, assuming actual sales total 25,000 units, and the sales mix is three units of Product A and one unit of Product B?
A) $50,000
B) $60,000
C) $75,000
D) None of these answers are correct.
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