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Maize Plastics manufactures and sells 50 bottles per day. Fixed costs are $26,000 and the variable costs for manufacturing 50 bottles are $20,000. Each bottle
Maize Plastics manufactures and sells 50 bottles per day. Fixed costs are $26,000 and the variable costs for manufacturing 50 bottles are $20,000. Each bottle is sold for $1,200. How would the daily profit be affected if the daily volume of sales drop by 10%? a. profits are reduced by 10,000 b. profits are reduced by 2,000 c. profits are reduced by 6,000 d. profits are reduced by 4,000
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