### How much does each cake contribute to paying

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Question - Krab Kakes has a selling price of \$5.00 per cake, variable cost of \$1.50 per cake, and total fixed costs of \$3,000. In January, they sold 1,750 cakes. How much does each cake contribute to paying for fixed expenses and generating profit?

\$3.21

\$1.50

\$5.00

\$3.50

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