The following information pertains to a retailer with sales of 100,000 units. Unit Selling Price is $8.00, Variable Costs are $160,000, Fixed Costs are $40,000. What is retailer's profit? $760,000 $600,000 $640,000 $120,000
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The total revenue is calculated by multiplying the unit selling price by the number of units sold. Total revenue = Unit Selling Price * Number of Units Sold Total revenue = $8.00 * 100,000 units Total revenue = $800,000 Show more…
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