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In the year 2008, Wiggins Processing Company had the following contribution income statement: WIGGINS PROCESSING COMPANY Contribution Income Statement For the Year 2008 Sales $1,000,000

In the year 2008, Wiggins Processing Company had the following contribution income statement:

WIGGINS PROCESSING COMPANY Contribution Income Statement For the Year 2008

Sales $1,000,000

Variable costs

Cost of goods sold $420,000

Selling and administrative $200,000 (620,000)

Contribution margin $380,000

Fixed Costs Factory overhead $186,000

Selling and administrative $80,000 (266,000)

Before-tax profit $114,000

Income taxes (37%) (42,180)

After-tax profit $71,820

(d) With the current cost structure, including fixed costs of $266,000, what dollar sales volume is required to provide an after-tax net income of $250,000?

Do not round until your final answer. Round your answer to the nearest dollar.

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