Question
ABC Manufacturers produces flooring material. The monthly fixed costs are $10,000 per month. The unit selling price is $75 and variable cost per unit is
ABC Manufacturers produces flooring material. The monthly fixed costs are $10,000 per month. The unit selling price is $75 and variable cost per unit is $35. The company wishes to earn an operating income of $25,000. Using the contribution martin ratio, calculate the total revenue. (Round your intermediate calculations to five decimal places)
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Introduction to Management Science
Authors: Bernard W. Taylor
11th Edition
132751917, 978-0132751919
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