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Merit Corp. has a contract to sell meals at Bank One, Inc. Meals sell for $4.95, and the total monthly fixed costs total $8,200. If
Merit Corp. has a contract to sell meals at Bank One, Inc. Meals sell for $4.95, and the total monthly fixed costs total $8,200. If 6,000 meals are sold monthly, what is the maximum total variable costs can be for the month? Assume a desired pretax profit of $5,000.
Question 7 options:
| $5,000 |
| $13,200 |
| $16,500 |
| $29,700 |
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