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The Teacup Express has computed its fixed costs to be $.27 for every cup of tea it sells given annual sales of 739,000 cups. The
The Teacup Express has computed its fixed costs to be $.27 for every cup of tea it sells given annual sales of 739,000 cups. The sales price is $.99 per cup while the variable cost per cup is $.12. How many cups of tea must it sell to break even on a cash basis?
Multiple Choice:
146,472
167,630
251,910
229,345
184,806
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