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Determining the accounting profit

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Reference no: EM131358222

Erin makes 800 items a day. Each day she spends 8 hours producing those items. If hired elsewhere she could have earned $300 an hour. The item sells for $20 each. Production occurs seven days a week. If the explicit costs total $200,000 per month, what is her accounting profit?

a. $60,000
b. $280,000
c. $350,000
d. $540,000

Reference no: EM131358222

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