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Variable costs for Oswego Company are 35% of sales, and sales were $425,000. Fixed costs were $100,000. What was the income from operations? a. $48,750

Variable costs for Oswego Company are 35% of sales, and sales were $425,000. Fixed costs were $100,000. What was the income from operations? a. $48,750 b. $176,250 c. $290,000 d. $148,750

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