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VII. (5 pts.) Frank Zappa & Co. operates and services food vending machines. The company has established a goal of earning 35 percent of sales
VII. (5 pts.) Frank Zappa & Co. operates and services food vending machines. The company has established a goal of earning 35 percent of sales revenue for the year after taxes of 40%. Fixed costs are expected to total $250,000 for the year and variable costs average $.31 per food item. The food items sell for $.90 each Determine the number of food items the company needs to sell to achieve its goal
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