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A firm produces 500 lawnmowers per week. It hires 20 full-time workers (40 hours/week) at an hourly wage of $15. Raw materials are ordered weekly and they costs $50 for every unit produced. The weekly cost of the rent payment for the factory is $2,250. How do the overall costs break down?
The same firm produces 500 lawnmowers per week. It hires 20 full-time workers (40 hours/week) at an hourly wage of $15. Raw materials are ordered weekly and they costs $50 for every unit produced. The weekly cost of the rent payment for the factory is $2,250. Lawnmowers sell for $100. What is the average total cost and the profit margin?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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