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Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand is $50.00. Her best guess is that
Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand is $50.00. Her best guess is that she can sell 300 per week at $.50 per cup. The variable cost of producing a cup is $0.20.
What level if sales volume will enable Julie to break even?
How a change in sales volume affects profit?
How a change in sales volume and variable cost jointly affect profit?
Use excel auditing tools to show which cells in spreadsheet affect profit?
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