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Gold Inc. produced and sold 3,020 pairs of jeans and made a net income of $8,000 last year. Total revenue for the year was $65,600.
Gold Inc. produced and sold 3,020 pairs of jeans and made a net income of $8,000 last year. Total revenue for the year was $65,600. The break-even volume of the company is 2,300 pairs of jeans. a. Calculate the selling price of each pair of jeans. $21.72 Round to the nearest cent b. Calculate the variable costs for each pair of jeans
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Fintech For Finance Professionals
Authors: David Kuo Chuen Lee, Joseph Lim, Kok Fai Phoon, Yu Wang
1st Edition
9811241864, 978-9811241864
