Variable costs are 375 per meal and fixed costs total 75000


Question - A college's food operation has an average meal price of $7.00. Variable costs are $3.75 per meal and fixed costs total $75,000. How many meals must be sold to provide an operating income of $30,000?

32,308

28,308

46,667

13,308

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Accounting Basics: Variable costs are 375 per meal and fixed costs total 75000
Reference No:- TGS02794451

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