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Your company sells sleeping bags with special openings in the bottoms so that people can stick their feet out if they get hot. Each bag
Your company sells sleeping bags with special openings in the bottoms so that people can stick their feet out if they get hot. Each bag costs $25.54 to manufacture, and you sell them for an average of $96.39 per bag. It costs $28,167 per day to operate your sleeping bag factory (which is your only fixed cost).
What is your percent margin? Please write your answer in decimals. For example, a 30% margin should be written as .30.
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