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Chapter 3 Practice Problems (cost-volume-profit analysis working in sales dollars) 1. A company sells one product with a variable cost ratio of 60%. Fixed costs

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Chapter 3 Practice Problems (cost-volume-profit analysis working in sales dollars) 1. A company sells one product with a variable cost ratio of 60%. Fixed costs are $200,000 per year. What is the sales volume (in dollars) required to earn target operating income of $400,000 per vear

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