Jame Company sells glass vases at a wholesale price of $3 per unit. The variable cost of

Question:

Jame Company sells glass vases at a wholesale price of $3 per unit. The variable cost of manufacture is $1.75 per unit. The fixed costs are $7,500 per month. Jame sold 5,500 units during this month. Calculate Jame's operating income (loss) for this month. Answers can be $625, ($625) ,($7,500), or $9,000