Solution-What were the company operating income and fixed

What were the company operating income and fixed costs

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Reference no: EM132735376

Problem 1: Marie Manufacturing reported net income of $42,120 and has a 35% tax rate. Marie manufactures a product which sells for $20 per unit and whose variable costs are 62.5% of sales. If Marie sold 23,040 units, what were the company's operating income and fixed costs (round your answer if necessary)?

Group of answer choices

Option 1: $64,800; $108,000
Option 2: $120,344; $167,656
Option 3: $172,800; $52,456
Option 4: $214,920; $94,576

Reference no: EM132735376

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What were the company operating income and fixed costs

Reference no: EM132735376

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