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Newport Corporation Is Planning to Sell 50,000 Lawn Mowers for $100

Question 121

Multiple Choice

Newport Corporation is planning to sell 50,000 lawn mowers for $100 each. The fixed costs are $2,000,000. If the company realizes a profit of $400,000, what would the variable costs be?


A) $2,400,000
B) $2,600,000
C) $2,900,000
D) $3,100,000

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