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Annie's Homemade sells ice cream for $5.00 per serving. Its variable cost per serving is $1.25 and its total fixed costs per month are $11,000.
Annie's Homemade sells ice cream for $5.00 per serving. Its variable cost per serving is $1.25 and its total fixed costs per month are $11,000. Required: How many servings does Annie's need to sell each month to attain a target profit of $6,625? What is Annie's dollar sales needed to attain a target profit of $6,625 per month
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Entrepreneurial Financial Management An Applied Approach
Authors: Jeffrey R. Cornwall, David O. Vang, Jean M. Hartman
4th Edition
0765646854, 978-0765646859
