A newly manufactured product has a total cost of $11,000,000. They produced 2,000,000 units that cost on

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A newly manufactured product has a total cost of $11,000,000. They produced 2,000,000 units that cost on average $2.50 each to make. How much is the company's fixed costs?

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Contemporary Engineering Economics

ISBN: 978-0136118480

5th edition

Authors: Chan S. Park

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Posted Date: Mar 18, 2024 03:26 AM

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A newly manufactured product has a total cost of $11,000,000. They produced 2,000,000 units that cost on

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lets calculate the fixed costs for this scenario We are given the following information Total cost 1... View the full answer

Contemporary Engineering Economics

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