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find out what is markup based on your selling price and cost of making the hotdog (variable cost). Thereafter calculate your markup price. Also, identify
find out what is markup based on your selling price and cost of making the hotdog (variable cost). Thereafter calculate your markup price. Also, identify your mark-up percentage
selling price = 2 per hot dog variable cost =0.5 per month Fixed Cost = 1000 per month and identify your breakeven quantity based on your FC, Selling price and Variable cost. Then calculate your breakeven revenue.
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