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Consider the data in the table below for three independent health services organizations:
Revenues Total Variable Costs Fixed Costs Total Costs Profit
a. $2,000 $1,400 ? $2,000 ?
b. ? 1,000 ? 1,600 $2,400
c. 4,000 ? $600 ? 400
Fill in the missing data indicated by question marks. How do I solve this?
ABC Company sells 2, 052 chairs a year at an average price per chair of $154. The carrying cost per unit is $18.79. The company orders 259 chairs at a time.
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You can purchase property today for $3.3 million and sell it in 5 years for $4.3 million. (You earn no rental income on the property.)
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