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QUESTION68. PURPLE has established a production budget for a production quantit...
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QUESTION68. PURPLE has established a production budget for a production quantity of 50,000 units. Its variable costs then amount to €200,000 and its fixed costs to €120,000. A drop in activity before the end of December means that it has set a new budget for 45,000 units produced.
How has its production budget evolved?
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