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Assume that Happy Events Ltd is planning to purchase 3 500 balloons from a supplier at a selling price of R15 per balloon. You have

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Assume that Happy Events Ltd is planning to purchase 3 500 balloons from a supplier at a selling price of R15 per balloon. You have established the variable cost per unit is R10 and the fixed costs amounts to R12 500. The contribution per unit is R5. Will you make a profit based on the information provided? Show all you're your workings and equations

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