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Your firm sells widgets for $10 each. You make a gross profit of $3 on each widget. You have $300,000 of operating costs. Your company

Your firm sells widgets for $10 each. You make a gross profit of $3 on each widget. You have $300,000 of operating costs. Your company is exactly at break-even. What is the dollar amount of your cost of goods sold?

Your firm has a gross profit of 15%. Your firm has operating costs of $75,000 per month. How much monthly revenue do you need to break-even?

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