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The C-V-P Equation

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The company sells lawnmowers for $895 each. The variable cost per lawnmower is $520. The company's monthly fixed costs are $84,500. Using the C-V-P equation, compute the amount of profit the company will have for a month in which the company sells 375 lawnmowers.

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Solution Summary

Solution shows computation of the amount of profit the company will have for a month in which the company sells 375 lawnmowers.

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Response:
Particulars Amount
Sales (375*895) 335625 ...

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