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Fixed costs; Rental Expense $24,000 Fees $40,000 Depreciation Expense $13,000 Variable Expenses; Cost of Goods Sold = 58% of Sales Equipment Expenses = 7% of

Fixed costs;

Rental Expense $24,000

Fees $40,000

Depreciation Expense $13,000

Variable Expenses;

Cost of Goods Sold = 58% of Sales

Equipment Expenses = 7% of Sales

Sales Commissions = 5% of Sales

How much should the sales revenue be if the company wants to make a profit of $35,000?

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