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Meadow Inc. sells shoes for $106 each. The variable costs per shoe are $37, and the fixed costs per week are $4,623. a. Calculate the
Meadow Inc. sells shoes for $106 each. The variable costs per shoe are $37, and the fixed costs per week are $4,623.
a. Calculate the number of shoes that need to be sold every week to break even.
Round up to the next whole number
b. If 60 shoes were sold, calculate the net income in a week.
Express the answer with a positive sign for profit or a negative sign for loss, rounded to the nearest cent
c. How many shoes must be sold to make a profit of $1,474.00 in a week?
Round up to the next whole number
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