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Maize Plastics manufactures and sells 60 bottles per day. Fixed costs are $22,000 and the variable costs for manufacturing 60 bottles are $42,000. Each
Maize Plastics manufactures and sells 60 bottles per day. Fixed costs are $22,000 and the variable costs for manufacturing 60 bottles are $42,000. Each bottle is sold for $1,700. How would the daily profit be affected if the da volume of sales drop by 20%? A. profits are reduced by $26,000 B. profits are reduced by $8,400 C. profits are reduced by $20,400 D. profits are reduced by $12,000 Click to select your answer.
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