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Determine sales volume required to the target income

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Question - Winterhaven School is raising money to purchase new choir robes. The cost of the robes is $8,000, so the school will need to have a profit of $8,000 from the raffle. The raffle tickets sell for $10 each. The variable cost of the raffle ticket is $2 and the fixed cost is $8,000. Determine the sales volume required to achieve the target income.

Reference no: EM132857543

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