Bob Barker's dog biscuit company sells dog biscuits. The ingredients for the biscuits cost $1.52...
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Accounting
Bob Barker's dog biscuit company sells dog biscuits. The ingredients for the biscuits cost $1.52 per box and the packaging for each box costs $0.25.
Fixed costs are $35,000
The current sales level is 20,000 boxes per month.
Bob Barker's investors want to ensure profits of at least $129,000 per month.
What should Bob Barker charge for each box of dog biscuits?
(Round your answer to the nearest penny)
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