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How much of a net profit or loss did this sale produce

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Question - Suppose a company has $200 in fixed costs and $40 per unit in variable costs. The company sold 10 items for a total of $1,000. How much of a net profit or loss did this sale produce?

a. The sale produced a net loss of $200.

b. The sale produced a net profit of $400.

c. The sale produced a net profit of $800.

d. The sale produced a net loss of $100.

Reference no: EM132425709

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