Nikhil plans to sell toys at a trade fair.He buys thease toys at 55 paise each.The booth

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Nikhil plans to sell toys at a trade fair.He buys thease toys at 55 paise each.The booth rent is $300.The toys will be sold at $ 95 paise each.Find out:

(1).how many toys must be sold to break-even?

(2).How many toys be sold to get a profit of $300?

Related Book For answer-question

Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Posted Date: Dec 20, 2022 01:55 AM

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Nikhil plans to sell toys at a trade fair.He buys thease toys at 55 paise each.The booth

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Solution 1Breakeven pointFixed costContribution ... View the full answer

Advanced Accounting

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