The fixed cost of running a gift store (wages, rent, etc.) in a particular mall is $250,000
Question:
a. What are the minimum daily sales to break even?
b. If the owner's profit target is 10 percent of sales, what are the minimum daily sales to breakeven?
c. If the owner's profit target is $100,000 per year, what are the minimum daily sales to break even?
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Related Book For
Operations Management
ISBN: 978-0071091428
4th Canadian edition
Authors: William J Stevenson, Mehran Hojati
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