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Armand has opted to sell his famous funnel cakes at the local farmer's market instead of opening his own store. After his first month, he
Armand has opted to sell his famous funnel cakes at the local farmer's market instead of opening his own store. After his first month, he summarized the following financial data: unit variable cost per funnel cake was $2 and the monthly rental fee for the space at the market which includes electricity is $700. Armand initially decided to set the selling price per unit for each funnel cake at $4. If the sales for the first month were 500 funnel cakes, what was Armand's margin of safety in units? 650 units 500 units 350 units 150 units
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