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Use CVP and compute the sales revenue necessary to achieve an IBIT of $162,000 for a multi-product restaurant with total fixed costs of $150,000 from
Use CVP and compute the sales revenue necessary to achieve an IBIT of $162,000 for a multi-product restaurant with total fixed costs of $150,000 from the information below:
| Sales Mix | Contribution Margin |
Food | 60% | 40% |
Beverage | 40% | 70% |
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