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Thompson Industries makes tennis balls. Thompson's only plant can produce up to 5 . 3 million cans of balls per year. Current production is 5
Thompson Industries makes tennis balls. Thompson's only plant can produce up to million cans of balls per year. Current production is million cans. Annual manufacturing, selling, and administrative fixed costs total $ The variable cost of making and selling each can of balls is $ Stockholders expect a annual return on the company's $ million of assets.
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Requirement What is Thompson Industries' current total cost of making and selling million cans of tennis balls? What is the total cost per unit of making and selling each can of balls? Enter the total cost per can to the nearest cent.
tableTotal variable costs,$
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