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If Fixed Costs for a Company Are $65 000 and Variable

Question 15

Multiple Choice

If fixed costs for a company are $65 000 and variable costs are 20% of sales, what do total sales need to be to achieve a target net profit of $35 000?


A) $80 000
B) $100 000
C) $125 000
D) $500 000

Correct Answer:

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