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An excavator has fixed monthly costs totaling $22,000 and a variable cost of $35 per cubic yard of soil excavated. The excavation contractor can charge
An excavator has fixed monthly costs totaling $22,000 and a variable cost of $35 per cubic yard of soil excavated. The excavation contractor can charge $75 per cubic yard to excavate the soils. Assuming an unlimited supply of soils ready to be excavated, how many cubic yards of soil would be needed to be excavated to generate $5000 of PROFIT per month? A. 556 B. 667 C. 375 D.857 E. 675
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Financial Information Analysis 2e
Authors: Philip ORegan
2nd Edition
0470865725, 978-0470865729
