A product sells for $400 per unit and its variable costs per unit are $260. The companys

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A product sells for $400 per unit and its variable costs per unit are $260. The company’s fixed costs are $840,000. If the com¬ pany desires $70,000 pretax income, what is the required dol¬ lar sales?

a. $2,400,000

b. $200,000

c. $2,600,000

d. $2,275,000

e. $1,400,000

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Fundamental Accounting Principles Volume 2

ISBN: 9780077716660

21st Edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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