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Arnold Incorporated manufactures medical stents for use in heart bypass surgery. Based on past experience, Arnold has found that its total maintenance costs can be
Arnold Incorporated manufactures medical stents for use in heart bypass surgery. Based on past experience, Arnold has found that its total maintenance costs can be represented by the following formula: Maintenance Cost $1,625,000 $290X where X Number of Heart Stents. Last year, Arnold produced 60,000 stents. Actual maintenance costs for the year were as expected. What is the fixed maintenance cost per unit
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