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Current Attempt in Progress Lisa Anderson owns and operates WildhorseCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which
Current Attempt in Progress Lisa Anderson owns and operates WildhorseCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $40 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows Sales revenue Variable expenses Contribution margin Foed experses Operating income $900,000 600,000 200,000 110,000 $90,000 Your answer is correct. How many cakes will Lisa Anderson have to sell if she wants to earn $145,000 in operating income each month? 25500 cakes eTextbook and Media Attempts: 4 of 12fused (b) Assuming a 30% tax rate, how many cakes will Lisa Anderson have to sell if she wants to earn $114,100 in net income each month? (Round answer to decimal places, es 5,275.) cakes e Textbook and Media Savero Attempts of 12 used Sus
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