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For Grouper Company, variable costs are 60% of sales, and fixed costs are $197,000. Management's net income goal is $80,000. Compute the required sales in
For Grouper Company, variable costs are 60% of sales, and fixed costs are $197,000. Management's net income goal is $80,000. Compute the required sales in dollars needed to achieve management's target net income of $80,000. (Use the contribution margin approach.) Required sales $ 461,666.67
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