Julio is trying to figure out how many cannoli they needs to sell to make a target
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Question:
Julio is trying to figure out how many cannoli they needs to sell to make a target profit of $5,000 per month. They sells the cannoli for $5 each, with $2 in variable costs per unit. They also have fixed costs, including rent and payroll of $3,000 per month. How much sales in dollars would they need to sell to meet their profit goal?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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