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Krueger Ltd. wishes to earn a profit equal to 20% of sales revenue. Its monthly fixed costs are $58,000 and contribution margin ratio is equal

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Krueger Ltd. wishes to earn a profit equal to 20% of sales revenue. Its monthly fixed costs are $58,000 and contribution margin ratio is equal to 40%. Required: 1. Determine the annual break-even sales. Break-even sales 2. Compute the sales level required to achieve the desired profit level. Sales level required

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