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Olfert Greenhouses has compiled the following estimates for operations. Sales $150 000 Fixed cost $45 200 Variable costs 67 500 112 700 Net income $37
Olfert Greenhouses has compiled the following estimates for operations. Sales $150 000 Fixed cost $45 200 Variable costs 67 500 112 700 Net income $37 300 Capacity is a sales volume of $175 000. Perform a break-even analysis showing a) an algebraic statement of (i) the revenue function; (ii) the cost function: b) a detailed break-even chart. 8
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