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Last year, Flynn Company reported a profit of $62,000 when sales totaled $512,000 and the contribution margin ratio was 30%. If fixed expenses increase by
Last year, Flynn Company reported a profit of $62,000 when sales totaled $512,000 and the contribution margin ratio was 30%. If fixed expenses increase by $9,200 next year, what amount of sales will be necessary in order for the company to earn a profit of $72,000? (Do not round intermediate calculations.) |
$605,800
$576,000
$584,000
$550,100
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