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QUESTION 1 At current production volume of 10 units, Gamma Company has total variable costs of $300 and total fixed costs of $280. If production

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QUESTION 1 At current production volume of 10 units, Gamma Company has total variable costs of $300 and total fixed costs of $280. If production is expected to drop to 8 units in the next period, what is the total cost projected for the next period? A 5520 B. $240 C.5580 D. $464 QUESTION 2 Alpha Company has a selling price of $30, unit variable cost of $10, and sales volume of 300 units. Fixed costs total $1,000. Alpha believes that if it decreases the price to 525, the sales volume will increase by 20 units (from 300 to 3201 How much will Alphas profit change if it decreases the price to $257 A $1,000 increase B. 51.000 decrease C. 51.200 increase D. 51,200 decrease

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