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What must the total fixed costs be

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Question: The Ship Company is planning to produce two products, Alt and Tude. Ship is planning to sell 100,000 units of Alt at P4 a unit and 200,000 units of Tude at P3 a unit. Variable costs are 70% of sales for Alt and 80% of sales for Tude. In order to realize a total profit of P160,000, what must the total fixed costs be?

Reference no: EM132716567

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