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Watson's Fish Company buys whole salmon from various fishermen is at $4 per pound and sells the fish to restaurants for $6 per pound. Its fixed costs are $20,000 per month.
Required
How many pounds must be sold to break even, and how many pounds must be sold to earn a profit of $10,000 per month?
Research expenses totaling $ 12,000 were incurred in studying the effects of morphine on female patients, using the Christine grant The board decided to begin a fund for nursing education.
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