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QUESTION
7A (Break-even point, Operating Leverage)
Question 3
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $68.96. The variable cost per unit is $18.79. Poseidon Swim has average fixed costs per year of $17,577.
What would be the operating profit or loss associated with the production and sale of 444 swim trunks?
