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contribution margin ratio of a company's only product is 40%. The company's monthly fixed expense is $210,000 and the company's monthly target profit is $40,000.
contribution margin ratio of a company's only product is 40%. The company's monthly fixed expense is $210,000 and the company's monthly target profit is $40,000. How many sales dollars are needed to attain that target profit? Show your calculations. (1 point)
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