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Raiden runs her own hot dog stand on the U of A campus. The monthly cost of the cart rental and business permit is $300.
Raiden runs her own hot dog stand on the U of A campus. The monthly cost of the cart rental and business permit is $300. Raiden's contribution margin per unit is $2.00 and contribution margin ratio is 80%. 1. How many hot dogs does Raiden need to sell each month to earn a target profit of $1,000 a month? 2. How much sales revenue does Raiden need to generate each month to earn a target profit of $1,000 a month? 1. How many hot dogs does Raiden need to sell each month to earn a target profit of $1,000 a month? First identify the formula, then compute the number of hot dogs Raiden will need to sell each month to earn a monthly target profit of $1,000. = Breakeven units 2. How much sales revenue does Raiden need to generate each month to earn a target profit of $1,000 a month? Enter the formula, then compute the sales dollars needed to earn a target profit of $1,000 per month. = Breakeven sales % =
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