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Question 2 (3 points) In a recently opened shopping mall, Jagdeep sells handmade coffee mugs in a booth for $25 each and has calculated that
Question 2 (3 points) In a recently opened shopping mall, Jagdeep sells handmade coffee mugs in a booth for $25 each and has calculated that he needs to sell 200 mugs to break even. Calculate his total variable costs to break even if his fixed costs are $2400? Which of the following answers is correct? $260 $13.00 per unit $2,600 $13.25 per unit
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