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The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $62.66. The variable cost per unit is
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $62.66. The variable cost per unit is $18.40, Poseidon Swim has average fixed costs per year of $24,055.
would be the operating profit or loss associated with the production and sale of 492swim trunks?
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