Question: I need the correct answer to this general accounting problem using the standard accounting approach. A juice bar sells smoothies for $5.00 each. The fixed

I need the correct answer to this general accounting problem using the standard accounting approach.

A juice bar sells smoothies for $5.00 each. The fixed daily costs, including rent and salaries, amount to $200. The variable cost to make each smoothie is $1.80. The juice bar expects to sell 80 smoothies per day. What is the daily profit? a. $56 b. $120 c. $80 d. $40

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