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.A company which produces novelty items incurs the monthly costs in producing a particular novelty item. Fixed cost = 10,000 , variable cost = 8

.A company which produces novelty items incurs the monthly costs in producing a particular novelty item.

Fixed cost = 10,000 ,

variable cost = 8 per item

If the company produces 400 units and sold them at23 per unit( assume all the units are sold), how muchIs the:

a.Total cost?

b.Total revenue?

c.Total profit?

d.At what volume will it break-even?

e.Profit at a volume of 700 units?

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