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The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is P60,000. The variable cost of recapping a tire is P9. The company charges P25 to recap a tire.a. For an annual volume of 12,000 tires, determine the total cost, total revenue, and profit.b. Determine the annual break-even volume for the Retread Tire Company operation.c. If the maximum operating capacity of the Retread Tire Company, as described in Problem 2, is 8,000 tires annually, determine the break-eve
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