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If the contribution ratio is 60%, fixed costs are $10,000, target operating profit is $2,000, and variable costs are $5,000, calculate the target revenue
If the contribution ratio is 60%, fixed costs are $10,000, target operating profit is $2,000, and variable costs are $5,000, calculate the target revenue needed. age Select one: O a. $30,000 b. $20,000 O c. $18,000 O d. $16,000 Address pe here to search Next page 10 C Activate Go to Settin 29CA
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Intermediate Accounting
Authors: David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
8th edition
978-1259997525, 1259997529, 978-1259548185
