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Furgeson Company has monthly fixed costs of $76,200 and a 50% contribution margin ratio. If the company has set a target monthly income of $25,300,
Furgeson Company has monthly fixed costs of $76,200 and a 50% contribution margin ratio. If the company has set a target monthly income of $25,300, what dollar amount of sales must be made to produce the target income?
$203,000
$50,600
$152,400
$37,950
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