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John Smith, Inc. produces and sells blankets for dorm room beds and lofts. The selling price of each blanket is $80 and the variable costs
John Smith, Inc. produces and sells blankets for dorm room beds and lofts. The selling price of each blanket is $80 and the variable costs per blanket are $48. Fixed costs are $4,000. If Cindy Lou sells 150 blankets what will be her income?
480
800
4000
4800
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