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Marie Manufacturing Reported Net Income of $42,120 and Has a 35

Question 132

Multiple Choice

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) ?


A) $64,800; $108,000
B) $120,344; $167,656
C) $172,800; $52,456
D) $214,920; $94,576

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