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A motel with a monthly sale of $15,000 operates with a variable cost percentage of 72%. The owner wants to increase sales revenue by an
A motel with a monthly sale of $15,000 operates with a variable cost percentage of 72%. The owner wants to increase sales revenue by an amount necessary to provide for an additional contributory income of $800 a month, or $9,600 a year. Calculate the additional increase in monthly sales revenue required to achieve an additional contributory income of $800 a month.
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