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Simon is the factory manager for Faaco foods; the factory produces 600 units of a product per month. The selling price is 140 and variable
Simon is the factory manager for Faaco foods; the factory produces 600 units of a product per month. The selling price is 140 and variable cost 100 per unit. The fixed expenses of the factory amount to 10,000 per month. Calculate: i. The estimated profit in a month wherein 240 units are produced ii. The sales to be made to earn a profit of 7,000 per month.
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