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Question 7 10 pts Froot Loop Inc., a cereal manufacturer, has variable costs of $0.60...

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Question 7 10 pts Froot Loop Inc., a cereal manufacturer, has variable costs of $0.60 per unit of product. In May, the volume of production was 24.000 units and units sold were 20,800. The total production costs incurred were $30.900. What are the fixed costs per month? $18,420 $6900 $14400 $16.500

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