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    Exam 22: Cost-Volume-Profit
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    How Much Sales Are Required to Earn a Target Income
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How Much Sales Are Required to Earn a Target Income

Question 57

Question 57

Multiple Choice

How much sales are required to earn a target income of $240000 if total fixed costs are $300000 and the contribution margin ratio is 40%?


A) $900000
B) $600000
C) $1350000
D) $990000

Correct Answer:

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