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The Poseidon Swim company produces swim trunks. The average selling price for one of their swim trunks is $70.63. The variable cost per unit is
The Poseidon Swim company produces swim trunks. The average selling price for one of their swim trunks is $70.63. The variable cost per unit is $21.32. Poseidon swim has average fixed costs per year of $16,322.
What would be the operating profit or loss associated with the produaction and sale of 322 swim trunks?
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