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4. A college's food operation has an average meal price of $12.50. Variable costs are $2.50 per meal and fixed costs total $75,000. How many

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4. A college's food operation has an average meal price of $12.50. Variable costs are $2.50 per meal and fixed costs total $75,000. How many meals must be sold to provide an operating income of $25,000? (a) 5,000 (b) 10,000 (c) 15,000 (d) 46,667

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