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Candyland has prepared the following budgeted data based on a sales forecast of $4,200,000. (Round your contribution margin ratio to 2 decimal places in the
Candyland has prepared the following budgeted data based on a sales forecast of $4,200,000. (Round your contribution margin ratio to 2 decimal places in the calculation) Variable Fixed Direct materials......... $766,000 Direct labor......... $820,000 Manufacturing overhead........ $170,000 $134,000 Selling expenses.... $98,000 $280,000 Administrative expenses....... $ 30,000 $ 40,000 If the desired target profit is $146,050, what would be the required amount of dollar sales? $1,034,567 $1,071,518 $714,804 $1,091,000
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