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Scott Anderson is evaluating a business opportunity to sell premium car wax at vintage car shows. The wax is sold in 64 -ounce tubs. Scott
Scott Anderson is evaluating a business opportunity to sell premium car wax at vintage car shows. The wax is sold in 64 -ounce tubs. Scott can buy the premium wax at a wholesale cost of $32 per tub. He plans to sell the premium wax for $62 per tub. He estimates fixed costs such as travel costs, booth rental cost, and lodging to be $600 per car show. Read the requirements. Requirement 2a. Determine the sales volume in units necessary to earn the desired profit assuming Scott wants to earn a profit of $900 per show. Scott must sell tubs per show to earn a profit of $900 per show. b. Determine the sales volume in dollars necessary to earn the desired profit assuming Scott wants to earn a profit of $900 per show. Begin by identifying the formula to compute the sales volume in dollars necessary to earn the desired profit. Operating income ) = Breakeven sales in dollars (Do not round intermediary calculations. Round your answer to the nearest whole dollar.) Scott must achieve sales of to earn a profit of $900 per show
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