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A product is sold at a price of $120 per unit and its variable cost is $80 per unit. The fixed expenses of the business
A product is sold at a price of $120 per unit and its variable cost is $80 per unit. The fixed expenses of the business are $8,000 per year. Find (i) BEP in $ and units, (ii) profits made when sales are 240 units. Calculate the profit and do a CVP Analysis.
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