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Determine the total revenue and total costs

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Reference no: EM133052414

Question - Penzance Co. produces a single product. Cost and revenue details are as follows:

Selling Price $75.00 per unit

Variable Costs $45.00 per unit

Contribution Margin $30.00 per unit

Total Fixed Costs $480,000 per annum.

Determine the Total Revenue (TR) and Total Costs (TC) for each of the following levels of activity respectively:

0 units sold

24,000 units sold

Reference no: EM133052414

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