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A new restaurant is ready to open for business. It is estimated that the food cost (variable cost) will be 0.56% of sales, while fixed
A new restaurant is ready to open for business. It is estimated that the food cost (variable cost) will be 0.56% of sales, while fixed cost will be $450,000. The first years sales estimates are $1,046,811. Calculate the firms operating breakeven level of sales.
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