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The following information is for the Jeffries Corporation: Product A: Revenue Variable Cost Product B: Revenue Variable Cost $142,500 $406,550 Total fixed costs $56,000 What is the operating income of Jeffries Corporation, assuming actual sales total 34,600 units, and the sales mix is three units of Product A and one unit of Product B? $86,500 $10.00 $7.00 $30,500 $17.00 $16.00

The following information is for the Jeffries Corporation: Product A: Revenue Variable Cost Product B: Revenue Variable Cost $142,500 $406,550 Total fixed costs $56,000 What is the operating income of Jeffries Corporation, assuming actual sales total 34,600 units, and the sales mix is three units of Product A and one unit of Product B? $86,500 $10.00 $7.00 $30,500 $17.00 $16.00

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following information is for the Jeffries Corporation: Product A: Revenue Variable Cost Product B: Revenue Variable Cost $142,500 $406,550 Total fixed costs $56,000 What is the operating income of Jeffries Corporation, assuming actual sales total 34,600 units, and the sales mix is three units of Product A and one unit of Product B? $86,500 $10.00 $7.00 $30,500 $17.00 $16.00
Transcribed Image Text:The following information is for the Jeffries Corporation: Product A: Revenue Variable Cost Product B: Revenue Variable Cost $142,500 $406,550 Total fixed costs $56,000 What is the operating income of Jeffries Corporation, assuming actual sales total 34,600 units, and the sales mix is three units of Product A and one unit of Product B? $86,500 $10.00 $7.00 $30,500 $17.00 $16.00
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