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7. Target Profit, not-for-profit breakeven a) The variable cost per gift basket is $2, fixed costs are $5,000 per month, and the selling price of

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7. Target Profit, not-for-profit breakeven a) The variable cost per gift basket is $2, fixed costs are $5,000 per month, and the selling price of a basket is $7. How many baskets must be produced and sold in a month to earn a pretax profit of $1,000 b) Create a CVP GRAPH using the information in part (a). Explain the information in the graph

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