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The manufactures sells hiking shoes. During the year 2019, the company sold 1,500 hiking shoes. The selling price is $100 per unit and variable cost
The manufactures sells hiking shoes. During the year 2019, the company sold 1,500 hiking shoes. The selling price is $100 per unit and variable cost per unit is $48. Total fixed costs are $15,000 per year. What was companys profit (before taxes) in 2019?
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