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

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James 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. James sold 5,500 units during this month.

Calculate James’s operating income (loss) for this month.

A) $9,000

B) $625

C) ($625)

D) ($7,500)

Related Book For answer-question

Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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Posted Date: Jun 25, 2018 09:50 AM

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

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