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| Dayton Corporation manufactures pipe elbows for the plumbing industry. Dayton's per unit sales price and variable costs are as follows. Sales price $10; Variable costs 7; Dayton's practical plant capacity is 35,000 units. Dayton's total fixed costs amount to $42,000, and the company has a 50% effective tax rate. If Dayton produced and sold 30,000 units, net income would be A. $90,000. B. $48,000. C. $24,000. D. $45,000. |