Multiple Choice
Watson Company has monthly fixed costs of $83,000 and a 40% contribution margin ratio.If the company has set a target monthly income of $15,000,what dollar amount of sales must be made to produce the target income?
A) $245,000
B) $207,500
C) $37,300
D) $170,000
E) $39,200
Correct Answer:
Verified
Correct Answer:
Verified
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