Module 1 – Domain I
16. You have fixed costs of $5000. Your labor costs are $1.20 per meal and food costs are .75 cents per meal. If you sell your meals for $5.00 each, how much money per meal can be put towards fixed costs after paying variable costs? Correct a. $1.95 b. $1.20 c. not enough information to answer d. ................
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