Multiple Choice
Freire Corp. produced 200,000 units this year, at a variable cost of $3 per unit. Its fixed costs are $120,000 per year. It sold all 200,000 units produced at $5 per unit. Its profits for the year were
A) Zero
B) 280000
C) 400000
D) 880000
Correct Answer:
Verified
Correct Answer:
Verified
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