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A new restaurant is ready to open for business. It is estimated that the food cost (variable cost) will be 40.96% of sales, while fixed
A new restaurant is ready to open for business. It is estimated that the food cost (variable cost) will be 40.96% of sales, while fixed cost will be $450,000. The first year's sales estimates are $1,262,605. Calculate the firm's operating breakeven level of sales. Answer to 2 decimal places
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