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Your sister, Carol, owns a small business Carol's Dolls which has fixed operating costs of $25,000. Its sale price is $55 per doll, and its
Your sister, Carol, owns a small business Carol's Dolls which has fixed operating costs of $25,000. Its sale price is $55 per doll, and its variable operating cost is $30 per doll. It sells 3,000 dolls per month. Carol comes to you to inquire about the operating profits (EBIT) per month.
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