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You are given the following for the production of office chairs by the company Chairs and More : Quantity produced Total Fixed Costs (JMD$) 100

You are given the following for the production of office chairs by the company Chairs and More : Quantity produced Total Fixed Costs (JMD$) 100 10,000 200 10,000 300 10,000 400 10,000 500 10,000 600 10,000 Variable cost per unit is $150. The production of 15,000 chairs will cost: a) $2,260,000 b) $1,500,000 c) $10,000 d) $25,000

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