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3. Standup Inc. builds desks. The firm has monthly fixed costs of $12,000 and a variable cost ratio of 55%. What is the monthly amount
3. Standup Inc. builds desks. The firm has monthly fixed costs of $12,000 and a variable cost ratio of 55%. What is the monthly amount of sales required to have net operating income (NOI) breakeven and then achieve an NOI equal to 10% of sales.
________________________________ (breakeven) _______________________(10% NOI)
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