Cando Manufacturing makes lamps that retail at $200 each. The unit variable cost is $120, and the fixed costs are $720,000 per year. Cando can produce a maximum of 2,000 lamps per month. What is the monthly net income at a volume of 1800 lamps per month?
A) $76,000
B) $84,000
C) $80,000
D) $88,000
E) $72,000
Correct Answer:
Verified
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