Question: MGT 397 Chapter 1 Assignment. Show your workings in order to receive credit for the answer. Hometown Bakery specializes in cupcakes. The annual fixed cost

MGT 397 Chapter 1 Assignment. Show your workings in order to receive credit for the answer. Hometown Bakery specializes in cupcakes. The annual fixed cost to make cupcakes is $10,000. The variable cost including ingredients and labor to make a cupcake is $0.50. The bakery sells cupcakes for $2.50 each. If the bakery sells 20,000 cupcakes annually, determine; (d) How many cupcakes will the bakery need to sell to break even

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