Problem

Profit A corn refining company produces corn gluten cattle feed at a variable cost of $82...

Profit A corn refining company produces corn gluten cattle feed at a variable cost of $82 per ton. If fixed costs are $120,000 per month and the feed sells for $134 per ton, how many tons must be sold each month for the company to have a monthly profit of $560,000?

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Solutions For Problems in Chapter 1.1