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these are four parts of this qus Projected financial results for the university's cafeteria for next year are shown Answer each of the following independent
these are four parts of this qus
Projected financial results for the university's cafeteria for next year are shown Answer each of the following independent questions $935,000 Sales Fixed cost Total variable cost Total cost Net income $528,000 207,910 735,910 $199,090 (a) How much is the contribution margin and the contribution rate? (b) How much does the business need to sell to break even? 207,910 Total variable cost Total cost Net income 73 $19 (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 $24,000 to upgrade their processes, how much does the business need to sell to break even? (d) If 7% more meals were sold, what would be the resulting net incomeStep by Step Solution
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