Multiple Choice
Moonwalker's CVP income statement included sales of 4,000 units, a selling price of $100, variable expenses of $60 per unit, and fixed expenses of $88,000.
-Net income is
A) $400,000.
B) $160,000.
C) $152,000.
D) $72,000.
Correct Answer:

Verified
Correct Answer:
Verified
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