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Use the following information to answer the question below: Bill produces a miracle tool. His variable costs are $20 per unit and his fixed costs
Use the following information to answer the question below:
Bill produces a miracle tool. His variable costs are $20 per unit and his fixed costs are $25000. His break-even point is 30000 units.
What would Bill's profits at 50 000 units of sales be if Bill were able to reduce his variable costs by $5 per unit?
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