Southern Instruments makes calculators for business applications. The budgeted selling price is $120 per calculator, the variable rate is $81 per calculator and budgeted fixed costs are $160,000 per month. What is the budgeted operating income for 16,000 calculators sold in a month?
A) $624,000
B) $1,456,000
C) $1,920,000
D) $464,000
Correct Answer:
Verified
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