Question
Last month Lyle Company had a $62,800 profit on sales of $314,000. Fixed costs are $84,780 a month. How much do sales have to increase
Last month Lyle Company had a $62,800 profit on sales of $314,000. Fixed costs are $84,780 a month. How much do sales have to increase for Lyle to earn a $91,060 profit?
Multiple Choice
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$60,128
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$175,840
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$153,860
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$405,060
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Investments Analysis And Management
Authors: Charles P. Jones, Gerald R. Jensen
14th Edition
1119578078, 978-1119578079
