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Olympus Company Sells 1 400 Units Per Month at a Price

question 59

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Olympus Company sells 1 400 units per month at a price of $28.00 per unit. The variable cost is $22.50 per unit. Fixed costs are $6 900 per month. How much is the net profit?


Definitions:

Childhood Trauma

Emotional and physical adverse experiences during childhood that can have long-lasting effects on an individual's mental and physical health.

Bipolar Disorder

A mental disorder causing extreme mood swings including emotional highs (mania or hypomania) and lows (depression).

Major Depressive Disorder

A mental disorder characterized by a persistent feeling of sadness or a lack of interest in external stimuli, significantly impacting daily functioning.

Impulsive Behaviour

Actions taken without forethought or consideration of the consequences, often a result of a desire for immediate gratification.

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