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XYZ Corporation manufactures a single product. During the second quarter, it produced 8,000 units and sold 6,000 units. The selling price per unit is $50,

XYZ Corporation manufactures a single product. During the second quarter, it produced 8,000 units and sold 6,000 units. The selling price per unit is $50, and the variable cost per unit is $30. The company incurred fixed costs of $40,000 during the same period. Calculate the operating income for the second quarter.

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