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A company has fixed expenses of $24,000 (Rent); $40,000 (Salaries); and $13,000 (depreciation) and variable expenses of cost of goods sold ( 18% of sales);

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A company has fixed expenses of $24,000 (Rent); $40,000 (Salaries); and $13,000 (depreciation) and variable expenses of cost of goods sold ( 18% of sales); supplies ( 7% of sales); and commissions ( 5% of sales). If the company must earn a profit of $35,000 what is the sales amount in revenue dollars the company must make? $77,000 $154,312 $256,667 $373,333

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