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How Many Microwaves to Make a Profit?

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How many microwave ovens will the following manufacturing company need to sell in order to make a profit of $300,000 this year?

Yearly Fixed Costs: $400,000
Cost to make each microwave oven: $85
Selling cost of microwave oven: $199

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Solution Summary

Brief calculations find the number of microwaves a company must manufacture to make $300,000 in profit.

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