SOLUTION: An outdoor furniture manufacturer has fixed costs of $5,000 per month and average variable costs of $7.00 per unit manufactured. The company has $70,000 available to cover the mont
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Question 215847: An outdoor furniture manufacturer has fixed costs of $5,000 per month and average variable costs of $7.00 per unit manufactured. The company has $70,000 available to cover the monthly costs. How many units can the company manufacture? (Fixed costs are those that occur regardless of the level of production. Variable costs depend on the level of production.)
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