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1. ABC Taxi has an average fixed cost of $12,000 a year for each car. Each mile driven has variable cost $.30 and collect fares
1. ABC Taxi has an average fixed cost of $12,000 a year for each car. Each mile driven has variable cost $.30 and collect fares of $.70. How many miles a year does each car have to travel before making profit?
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Accounting Volume 2
Authors: Charles T. Horngren, Walter T. Harrison, M. Suzanne Oliver, Peter R. Norwood, Jo-Ann L. Johnston
8th Canadian Edition
