please answer correct CoursHeroTranscribedText: Larry Cole is evaluating a business opportunity to sell premium car...
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CoursHeroTranscribedText: Larry Cole is evaluating a business opportunity to sell premium car wax at vintage car shows. The wax is sold in 64-ounce tubs. Larry can buy the premium wax at a wholesale cost of $30 per tub. He plans to sell the premium wax for $80 per tub. He estimates xed costs such as travel costs, booth rental cost, and lodging to be $900 per car show, Read the muirements. Requirement 1. Determine the number of tubs Larry must sell per show to break even. Begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach. ( + )+ ' Sales in units
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