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Today, i taught mentees on physical class one of the most important aspect of production. The production cost analysis. We are able to calculate the cost of producing 1g of one of our product, The peanut burger. In doing this, we deliberately produced an input of 6,250g of peanuts which expectedly gave about 150% output, precisely 14,500g. We then ran production cost analysis and was able to calculate our net, gross and percentage profit on 1g of the product. U will not believe the figures...its
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