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At the Virtual Cafe, the average price per meal sold is $18 with an average variable cost of $7. Fixed costs for July are
At the Virtual Cafe, the average price per meal sold is $18 with an average variable cost of $7. Fixed costs for July are expected to be $30,000. If the restaurant manager expects to sell 6,000 meals in July, the net income (or loss) for the month would be: O$18,000 net income O $36.000 net loss O $36,000 net income $0 (breakeven).
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