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Derst Inc. sells a particular textbook for $24. Variable expenses are $16 per book. At the current volume of 52,000 books sold per year the
Derst Inc. sells a particular textbook for $24. Variable expenses are $16 per book. At the current volume of 52,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:
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