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John is opening a new shoe store selling one product, a specialty shoe, below is his financial information for the upcoming month : Projected sales
John is opening a new shoe store selling one product, a specialty shoe, below is his financial information for the upcoming month :
Projected sales volume 200 units
Merchandise cost per unit: 150 $
utilities expenses: 5,000$
salaries expenses: 10,000$
Required
Based on the above financial information, what selling price would John have to charge just to break-even
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