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ABC Company was established this year to produce and sell toys. The company has the following operating results for the year. Total Sales ............................................................................................50,000units Total Variables cost...............................................................................100,000 birr Selling Price ............................................................................................3 birr Total cost is 75% of total revenue. Assuming linearity, answer the following questions. A. How much is the amount of the fixed cost? B. Develop the total revenue, total cost and total profit equation in terms of quantity. C. Determine the breakeven point.
Sagot :
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