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3 Vernon Company incurs annual fixed costs of $108,980. Variable costs for Vernon's product are $19.20 per unit, and the sales price is $30.00 per
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Vernon Company incurs annual fixed costs of $108,980. Variable costs for Vernon's product are $19.20 per unit, and the sales price is $30.00 per unit. Vernon desires to earn an annual profit of $46.000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. Note: Do not round intermediate calculations. Round your final answers to the nearest whole number Step by Step Solution
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