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A machine manufacturer sells each machine for $7,300. The fixed costs are $279,550 per annum, variable costs are $1,500 per machine, and the production capacity
A machine manufacturer sells each machine for $7,300. The fixed costs are $279,550 per annum, variable costs are $1,500 per machine, and the production capacity is 78 machines in a year. What is the profit or loss made if 69 machines are sold in a year
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