Question: Fixed costs equal $12,000, the unit contribution margin equals $20, and the number of units sold equals 2,200. Operating income is: [[selectone]] a. $40,000 b.

Fixed costs equal $12,000, the unit contribution margin equals $20, and the number of units sold equals 2,200. Operating income is:

[[selectone]]

a. $40,000

b. $32,000

c. $12,000

d. $20,000

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