Pluto Company sold 2,000 units in October at a price of $35 per unit. The variable cost
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Question:
Pluto Company sold 2,000 units in October at a price of $35 per unit. The variable cost is $20 per unit. The monthly fixed costs are $10,000.
What is the operating income earned in October?
A) $30,000
B) $70,000
C) $20,000
D) $40,000
Related Book For
Microeconomics
ISBN: 9781464146978
1st edition
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
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