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Determine the profit or loss incurred on the product

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Question: XYZ Inc. sells a product for $27.94 per unit. It costs $19.1 to produce each product and the fixed costs associated with the product are $37720.28. The company produced 5266 units but only sold 1415 of them. Determine the profit or loss XYZ incurred on this product. Do not enter a $ sign or commas and type in a loss, if necessary, as a negative number.

Reference no: EM132088324

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