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The Contribution Margin Ratio of Baginski Corporation's Only Product Is

Question 176

Multiple Choice

The contribution margin ratio of Baginski Corporation's only product is 53%. The company's monthly fixed expense is $617,980 and the company's monthly target profit is $23,000. The dollar sales to attain that target profit is closest to:


A) $1,166,000
B) $1,209,396
C) $339,719
D) $327,529

Correct Answer:

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