E22-10 Three college friends open an off-campus shop named Campus Sweats. They plan to sell a standard
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E22-10 Three college friends open an off-campus shop named Campus Sweats. They plan to sell a standard sweatshirt for $18 and a fancier version for $22. The $18 sweatshirt costs them $10, and the $22 sweatshirt costs them $12. The friends expect to sell two fancy sweatshirts for every three standard sweatshirts. Their monthly fixed expenses are $9.680. How many of each type of sweatshirt must they sell monthly to break even? To earn $6.600?
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Related Book For
Accounting
ISBN: 9780130906991
5th Edition
Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones
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