Question: Multi-level Contribution Margin Calculation: 7-Eleven target profit : Fixed Cost per store $80,000 per year Variable cost ratio 80% Average Sale per customer visit $17.00

Multi-level Contribution Margin Calculation: 7-Eleven target profit :

Fixed Cost per store $80,000 per year

Variable cost ratio 80%

Average Sale per customer visit $17.00

Average customer visits per week 1.5

Customers as portion of city population 5%

At what city population can a single 7-Eleven earn a profit of $40,000

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