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Veronica runs her own hot dog stand on the U of A campus. The monthly cost of the cart rental and business permit is $400.
Veronica runs her own hot dog stand on the U of A campus. The monthly cost of the cart rental and business permit is $400. Veronica's contribution margin per unit is $2.00, and her contribution margin ratio is 80%. 1. How many hot dogs does Veronica need to sell each month to earn a target profit of $1,200 a month? 2. How much sales revenue does Veronica need to generate each month to earn a target profit of $1,200 per month? 1. How many hot dogs does Veronica need to sell each month to earn a target profit of $1,200 a month? First identify the formula, then compute the number of hot dogs Veronica will need to sell each month to earn a monthly target profit of $1,200. + ) Sales in units +
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