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Cando Manufacturing makes lamps that retail at $200 each. The unit variable cost is $120, and the fixed costs are $720,000 per year. Cando can
Cando Manufacturing makes lamps that retail at $200 each. The unit variable cost is $120, and the fixed costs are $720,000 per year. Cando can produce a maximum of 2000 lamps per month. At what percent utilization would the monthly net income be $44,000? a 60% b 55% c 50% d 65% e 70%
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