Which is the equation for operating income?
A) (Price - Units sold) - (Unit variable cost * Units sold) - Fixed cost
B) (Price * Units sold) + (Unit variable cost * Units sold) + Fixed cost
C) (Price + Units sold) - (Unit variable cost + Units sold) - Fixed cost
D) (Price * Units sold) + (Unit variable cost - Units sold) + Fixed cost
E) (Price * Units sold) + (Unit variable cost * Units sold) - Fixed cost
Correct Answer:
Verified
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