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Information for Pueblo Company follows: Product A Product B Sales revenue $ 40,000 $ 60,000 Less: Total variable cost $ 14,000 $ 24,000 Contribution margin
| Information for Pueblo Company follows: |
| Product A | Product B | ||||
| Sales revenue | $ | 40,000 | $ | 60,000 | |
| Less: Total variable cost | $ | 14,000 | $ | 24,000 | |
| Contribution margin | $ | 26,000 | $ | 36,000 | |
| The total fixed costs are $35,000. |
| Determine target sales needed to earn a $25,000 target profit. |
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Accounting Chapters 14-26
Authors: Carl Warren
27th Edition
1337272116, 978-1337272117
