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Madame Malkin's Robes Ltd. has fixed costs of $600,000 and variable costs are 60% of sales. What amount of total sales are required for Madame
Madame Malkin's Robes Ltd. has fixed costs of $600,000 and variable costs are 60% of sales. What amount of total sales are required for Madame Malkin to meet a target net income of $60,000?
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$1,650,000
$396,000
$1,560,000
$1,100,000
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