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Calculate the sales in dollars required to earn the target profit of $100,000 for Happy Inc. using the following information: Unit selling price $60 Unit
Calculate the sales in dollars required to earn the target profit of $100,000 for Happy Inc. using the following information:
| Unit selling price | $60 |
| Unit contribution margin | $24 |
| Fixed costs | $250,000 |
a. $875,000
b. $850,000
c. $775,000
d. $625,000
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Financial Accounting Information For Decisions
Authors: Robert W. Ingram, Bruce Baldwin
4th Edition
0324069545, 978-0324069549
