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During its first year of operation Salon Manufacturing Company sold 1,200 units of inventory. Salon incurred variable product cost of $6.50 per unit and $2,500 of fixed manufacturing overhead costs. The sales price of the products was $10.00 per unit. Salon uses variable costing. Based on this information Salon will report net income of
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During its first year of operation Salon Manufacturing Company sold 1,200 units of inventory. Salon...
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