Question
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a childs first birthday. The cakes, which sell for $64 and
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a childs first birthday. The cakes, which sell for $64 and feature an edible picture of the child, are shipped throughout the country. A typical months results are as follows: Sales revenue $869,120 Variable expenses 651,840 Contribution margin 217,280 Fixed expenses 117,280 Operating income $ 100,000 Assuming a 30% tax rate, how many cakes will Julianna Abdallah have to sell if she wants to earn $144,704 in net income each month? (Round answer to 0 decimal places, e.g. 5,275.)
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