Maywood Company sells hand- knit scarves. Each scarf sells for $45. The company pays $40 to rent

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Maywood Company sells hand- knit scarves. Each scarf sells for $45. The company pays $40 to rent a vending space for one day. The variable costs are $13 per scarf. What total revenue amount does the company need to earn to break even?

a. $45

b. $18

c. $56

d. $36

Related Book For answer-question

Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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Posted Date: Oct 04, 2018 04:06 AM

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Maywood Company sells hand- knit scarves. Each scarf sells for $45. The company pays $40 to rent

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c 56 Calculation of Breakeven point Break even point Fixed cost Contribution 40 32 125 Units Ther... View the full answer

Business Math

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