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  3. ramona company reported the following data. price

Ramona Company reported the following data. Price per unit = $10 Variable cost...

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Question

Accounting

Ramona Company reported the following data.

Price per unit = $10

Variable cost per unit = $7

Fixed cost = $1,500

Number of units sold = 700 units

Given these data, compute NET INCOME.

  • $3,400

  • $1,200

  • $5,500

  • $600

  • $800

Answer & Explanation Solved by verified expert
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