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How many cakes must thomas sell each month

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Reference no: EM132770118

Problem 1: Thomas's Bakery sells strawberry cakes for $20 each. Thomas's variable costs are $10 and her fixed costs total $2940 per month. If Thomas's tax rate is 25%, how many cakes must Thomas sell each month if she wants to earn $5880 in net income?

Option 1: 588
Option 2: 1176
Option 3: 882
Option 4: 1078

Reference no: EM132770118

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