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Moonen Corporation Produces and Sells a Single Product Whose Contribution

Question 144

Multiple Choice

Moonen Corporation produces and sells a single product whose contribution margin ratio is 57%. The company's monthly fixed expense is $487,350 and the company's monthly target profit is $10,000. The dollar sales to attain that target profit is closest to:


A) $855,000
B) $277,790
C) $872,544
D) $283,490

Correct Answer:

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