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Collins Inc. makes a single product. The company has monthly fixed costs totaling $200,000 and variable costs of $20 per unit. Each unit of product

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Collins Inc. makes a single product. The company has monthly fixed costs totaling $200,000 and variable costs of $20 per unit. Each unit of product is sold for $35. Collins expects to sell 25,000 units each month. What is the monthly operating profit? What is the operating profit margin ratio

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