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The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $71.05. The variable cost per unit is
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $71.05. The variable cost per unit is $18.73, Poseidon Swim has average fixed costs per year of $22,236.
What would be the operating profit or loss associated with the production and sale of 368 swim trunks.
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