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Question 1 1 pts Froot Loop Inc., a cereal manufacturer, has variable costs of $0.40 per unit of product. In May, the volume of production

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Question 1 1 pts Froot Loop Inc., a cereal manufacturer, has variable costs of $0.40 per unit of product. In May, the volume of production was 27,000 units, and units sold were 20,800. The total production costs incurred were $30,500. What are the fixed costs per month? $10,800 O $22,180 O $19,700 O $3500 Next

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