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Bascatt Company currently distributes a product that sells for $38.00 per unit and has a contribution margin ratio of 30%. The company's fixed expenses are
Bascatt Company currently distributes a product that sells for $38.00 per unit and has a contribution margin ratio of 30%. The company's fixed expenses are $228,000 per year. The company plans to sell 23,000 units this year. By using a new supplier, the company believes it can reduce its variable expenses by $3.80 per unit. If the company decides use the new supplier, what dollar sales is required to attain a target profit of $114,000? Multiple Choice $570,000 $342,000 $855,000 $1,140,000
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