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Fixed costs for a bed retailer

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Nanny is a bed retailer.The company's profit earned are$873.
Each bed sells for $113 while their variable cost per unit is $64
If Nanny's target volume is 100 beds what must be its FIXED COSTS?

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Solution Summary

This provides an example of finding fixed cost given profit and variable cost.

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The revenue R = 113 * 100 = 11300 dollars
The variable cost VC = ...

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