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Calculate the total operating expenses

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Reference no: EM133177995

Question - MyApple, a new start-up developing mobile game applications, wanted to develop a model to calculate the net profit.

Sales are expected to be $350,000.

The cost of sales is estimated to be $75,000.

Total operating expenses have a fixed component that is estimated to be $80,000 and a variable component that is estimated to be 20% of sales.

Required -

a) Calculate the total operating expenses.

b) Calculate the net profit.

Reference no: EM133177995

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