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To receive credit for the problems you must show your calculations; otherwise the score is zero.Partial credit is possible if you get an incorrect answer

To receive credit for the problems you must show your calculations; otherwise the score is zero.Partial credit is possible if you get an incorrect answer but make a good start.

  1. Determine the profit when 6,000 items are made and sold at a $7 margin, and $25,000 fixed costs.
  2. Profit =
  3. Determine the profit and revenue when 10,000 items are made and sold for $15 each with $11 variable cost and $25,000 fixed costs.
  4. Profit =
  5. Revenue =
  6. Determine the profit and revenue when 12,000 items are made and sold at $7 each, variable cost is $4, and fixed costs are $20,000.
  7. Profit =
  8. Revenue =
  9. Determine the profit and revenue when 9,000 items are made and sold with a margin of $4, variable cost is $7, and fixed costs are $15,000.
  10. Profit =
  11. Revenue =
  12. Determine the profit and revenue when 13,000 items are made and sold, the variable cost is $12, margin is 50% of variable cost, and fixed costs are $55,000
  13. Profit =
  14. Revenue =
  15. Determine the profit and revenue when 7,000 items are made and sold at $12 each with a $5 margin, and $25,000 fixed costs.
  16. Profit =
  17. Revenue =
  18. Determine the profit and revenue when 7,000 items are made and sold at $14 each with a $3 margin and $25,000 fixed costs.
  19. Profit =
  20. Revenue =

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