Question: Suppose a bakery makes 200 cherry cheesecakes at a cost of $2.55 each. If a spoilage rate of 5% is anticipated, at what price

Suppose a bakery makes 200 cherry cheesecakes at a cost of $2.55 each. If a spoilage rate of 5% is anticipated, at what price (in $) should the cakes be sold to achieve a 40% markup based on cost? (Round your answer to the nearest cent.) per cheesecake

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