Question: Orio produced 5 4 0 0 biscuits in the previous month and incurred a fixed MOH of $ 1 3 per unit. Next month, he

Orio produced 5400 biscuits in the previous month and incurred a fixed MOH of $13 per unit. Next month, he plans to produce and sell 5500 biscuits at a price of $29. He estimates the variable cost to be 10% of the price. How much profit will he earn next month?

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