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A new restaurant is ready to open for business. It is estimated that the food cost (variable cost) will be 44.77% of sales, while fixed

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A new restaurant is ready to open for business. It is estimated that the food cost (variable cost) will be 44.77% of sales, while fixed cost will be $450,000. The first year's sales estimates are $1,171,567. Calculate the firm's operating breakeven level of sales. Answer to 2 decimal places

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