Multiple Choice
The selling price of a widget is $15 and the fixed cost per month is $4,800. The variable cost per widget is $9. Calculate the net income on revenue of $10,000 per month.
A) $4,000
B) $5,200
C) $1,200
D) ($800) Loss
E) ($1,200) Loss
Correct Answer:
Verified
Correct Answer:
Verified
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