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Use this information for Dotterel Corporation to answer the questions that follow.
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Dotterel Corporation uses the variable cost concept of product pricing. Below is the cost information for the production and sale of 35,000 units of its sole product. Dotterel desires a profit equal to an 11.2% rate of return on invested assets of $350,000.
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-The dollar amount of the desired profit from the production and sale of the company's product is
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TCP
Transmission Control Protocol, a core protocol of the Internet Protocol Suite that provides reliable, ordered, and error-checked delivery of data.
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Internet Protocol, a set of rules governing the format of data sent over the internet or other networks.
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