Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN: 9780134463216
Author: Robert F. Blitzer
Publisher: PEARSON
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Rosemerry is planning to make​ fancy, multi-tiered wedding cakes for the next wedding season. To make the​ cakes, she must invest $2100 in some special baking tools. To promote her​ business, she also needs to spend $6310 to advertise in the newspaper. She estimates that supplies and materials for each cake will cost $410. She is planning to set the price for each cake at $700. Find given below
​(a) Compute the contribution margin.
​(b) Compute the contribution rate.
​(c) Compute the​ break-even point in units.
​(d) Compute the​ break-even point in sales dollars.
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