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Question content area top Part 1 Projected financial results for the university's cafeteria for next year are shown. Answer each of the following independent questions.
Question content area top
Part
Projected financial results for the university's cafeteria for next year are shown. Answer each of the following independent questions.
Sales
$ comma
Fixed cost
$ comma
Total variable cost
comma
Total cost
comma
Net income
Modifying $ comma with double underline
a How much is the contribution margin and the contribution rate?
b How much does the business need to sell to break even?
c If the business was to spend $ comma to upgrade their processes, how much does the business need to sell to break even?
d If more meals were sold, what would be the resulting net income?
Question content area bottom
Part
a The contribution margin is $
Type an integer or a decimal.
Part
The contribution rate is
enter your response hereRound to six decimal places as needed
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