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For Sheridan Company, variable costs are 67% of sales, and fixed costs are $195,000. Management's net income goal is $93,750. Compute the required sales dollars
For Sheridan Company, variable costs are 67% of sales, and fixed costs are $195,000. Management's net income goal is $93,750. Compute the required sales dollars needed to achieve management's target net income of $93,750. (Use the contribution margin technique.)
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