Maywood Company sells hand- knit scarves. Each scarf sells for $45. The company pays $40 to rent
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Question:
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
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
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