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Minotaur Ltd provides the following budget information for December: Volume of sales 15,000 units Selling price $46 Variable costs per unit $34 Fixed costs $90,000

Minotaur Ltd provides the following budget information for December:

Volume of sales 15,000 units

Selling price $46

Variable costs per unit $34

Fixed costs $90,000

Required

Calculate Minotaur Ltd's budgeted profit or loss for December.

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