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Carnelian Company sells bicycles at $300 each. Variable cost per unit is $240, and total fixed cost is $122,200. Calculate the sales that Carnelian must

Carnelian Company sells bicycles at $300 each. Variable cost per unit is $240, and total fixed cost is $122,200. Calculate the sales that Carnelian must make to earn an operating income of $21,500.

a. $244,500

b. $179,625

c. $718,500

d. $627,700

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