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CVP Analysis: A restaurant has monthly sales revenue of $50,000, variable cost of $15,000, and fixed costs of $30,000. The fixed cost includes a $6,000
CVP Analysis: A restaurant has monthly sales revenue of $50,000, variable cost of $15,000, and fixed costs of $30,000. The fixed cost includes a $6,000 fixed rent per month. If the owner and landlord agreed to switch to a variable rent at 5% of the revenue, what is the breakeven revenue?
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