Question
Charlie sells a gourmet chocolate cake for $6 each.The variable cost of each cake is $2.50 and the fixed costs of operating the shop amount
Charlie sells a gourmet chocolate cake for $6 each.The variable cost of each cake is $2.50 and the fixed costs of operating the shop amount to $17 500 per month.
If this was the only product that Charlie sold, how many cakes would he have to sell per month to break even?
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Accounting for Governmental and Nonprofit Entities
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
18th edition
1260190080, 1260190083, 978-1259917059
