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Lisa, a local potter, has recently started making large serving dishes and selling them at the local craft fair. The product's financial data is as
Lisa, a local potter, has recently started making large serving dishes and selling them at the local craft fair. The product's financial data is as follows: Selling price is $110 Variable costs per unit are $50 Fixed costs for the month are $100 Lisa can make a maximum of 40 plates per month Variable costs include the clay and glaze. Fixed costs include cost of renting the booth and firing costs. At what percentage of capacity will the Net Income be $1000
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