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Given the following:A college's food operation has an average meal price of $7.00. Variable costs are $3.75 per meal and fixed costs total $75,000. How

  1. Given the following:A college's food operation has an average meal price of $7.00. Variable costs are $3.75 per meal and fixed costs total $75,000. How many meals must be sold to provide an operating income of $30,000?

How many meals would have to be sold if variable costs increased 20%?

58,000

42,000

48,000

52,000

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