Deja runs her own hot dog stand on the U of A campus. The monthly cost of
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Deja runs her own hot dog stand on the U of A campus. The monthly cost of the cart rental and business permit is \($300\). Deja spends \($0.50\) on each hot dog sold, including bun and condiments. She sells each hot dog for \($2.00\).
1. What is the contribution margin per unit?
2. What is the contribution margin ratio?
3. Predict operating income for a month in which Deja sells 1,000 hot dogs.
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