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The monthly cost to lease equipment is $ 8 , 0 0 0 . Variable cost per unit is $ 3 . 0 0 and

The monthly cost to lease equipment is $8,000. Variable cost per unit is $3.00 and expected revenue per unit is $7.00. If monthly sales are $12,000 what is the profit/loss for the month?
Question 49 options:
Profit of $2,000
Loss of $2,000
Profit of $4,000
Loss of $3,200
Profit of $1,000

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