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Mike's tireland makes a product that sales for $62 per unit and has $51 per until in variable costs. Annual fixed costs are $24,000. If
Mike's tireland makes a product that sales for $62 per unit and has $51 per until in variable costs. Annual fixed costs are $24,000. If Mike sells 10 units less than breakeven, how much loss would the company recognize n its income statement?
(as the questions asks "How much loss" you don't have to put the negative sign. For example, suppose the loss is 100, then the answer should 100 versus -100)
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