XYZ Inc. sells a single product for $12 per unit. Variable production costs are $5...
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Accounting
XYZ Inc. sells a single product for $12 per unit. Variable production costs are $5 per unit. Fixed overhead costs amount $12,000 per month. Variable selling costs are $1 per unit. Fixed selling costs are $4,000 per month. Last month, the company had no sales or production. What was ABCs net operating income or loss? a. $27,000 loss b. $22,000 profit c. $12,000 loss d. $16,000 loss
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