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Assignment 1: Assume that the sales price per unit is $12. The variable cost per unit is $7. 110,000 units were sold, which is 10,000

Assignment 1:

Assume that the sales price per unit is $12. The variable cost per unit is $7. 110,000 units were sold, which is 10,000 units above the break-even point . Based on this information, compute the total fixed costs and the total variable costs.

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