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Hill Company manufactures and sells a product called Beauty. Using regression analysis, and one-year monthly data, company has determined the behavior of manufacturing, selling,
Hill Company manufactures and sells a product called "Beauty". Using regression analysis, and one-year monthly data, company has determined the behavior of manufacturing, selling, and administrative costs as follows: Total Monthly Fixed Variable per Costs Unit Manufacturing $270,000 $3.00 Selling $80,000 $0.80 Administrative $100,000 $0.20 Current selling price per unit of Beauty is $10. The production capacity is up to 200,000 units per month. Answer the following independent questions.
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