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Answer the Following Questions Using the Information Below

Question 76

Multiple Choice

Answer the following questions using the information below:
Alex Furniture sells a table for $850. His fixed costs are $25,000, while his variable costs are $500 per table. He currently plans to sell 175 tables this month.
-What is the budgeted operating income for the month assuming that Alex sells 175 tables?


A) $45,250
B) $37,000
C) $36,250
D) $36,750

Correct Answer:

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