If a man sells hot dogs for $ 5 and his marginal costs is $1, his fixed

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If a man sells hot dogs for $ 5 and his marginal costs is $1, his fixed costs $80,000 is open 200 days a year. Then

a) what is the gross profit per hot dog sold?

b) How many hot dogs does he need to sell to break even?

c)What would be his sales revenue at break even?

d) How many hot dogs does he need to sell per day to break even.

Related Book For answer-question

Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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Posted Date: Apr 21, 2022 02:54 AM

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If a man sells hot dogs for $ 5 and his marginal costs is $1, his fixed

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Cornerstones of Financial and Managerial Accounting

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