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NO EXCEL! 11. The Happy Mouth Candy store is considering adding a new chocolate candy to their catalog. Each bag of this new chocolate will

NO EXCEL!

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11. The Happy Mouth Candy store is considering adding a new chocolate candy to their catalog. Each bag of this new chocolate will have a sales price of $6.50. The cost of the equipment to produce the chocolate is $10,000 and the store expects the operating and maintenance costs to be $2,000 annually. Assuming a MARR of 10%, determine the number of bags that need to be sold yearly to break even in 5 years? Use AW basis

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