Question: Practice Problem 1: Last month, ABC Service, Inc. earned $50,000 of revenue by providing services for 1,000 customers. The firm incurred $12,000 of selling costs

Practice Problem 1: Last month, ABC Service, Inc. earned $50,000 of revenue by providing services for 1,000 customers. The firm incurred $12,000 of selling costs and $18,000 of administrative costs during the month. Q1: What is the firm's operating income for the month? Q2: What is the firm's cost per unit of service for the month

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