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After conducting a market research study, Magnificent Manufacturing decided to produce a new interior door to complement its exterior door line. It is estimated that
After conducting a market research study, Magnificent Manufacturing decided to produce a new interior door to complement its exterior door line. It is estimated that the new interior door can be sold at a target price of $270. The annual target sales volume for interior doors is 29,000. Magnificent has target operating income of 40% of sales. What are target sales revenues? a. $10,962,000 b. $7,830,000 c. $3,132,000 d. $4,698,000 What is the target cost? a. $6,048,000 b. $4,032,000 c. $1,008,000 d. $4,698,000
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