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(Q1.) TVJ Co., makes travel bags that sell for Php 56 each. Forthe coming year, management expects fixed costs to total Php320,000 and variable costs

(Q1.) TVJ Co., makes travel bags that sell for Php 56 each. Forthe coming year, management expects fixed costs to total Php320,000 and variable costs to be Php 42 per unit.Compute the following for 2 answers

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