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Mexico Company currently sells a product (called Sunshine). Because of poor weather, the company had an operating loss of ($35,000) based on revenues of
Mexico Company currently sells a product (called Sunshine). Because of poor weather, the company had an operating loss of ($35,000) based on revenues of $100,000, total variable costs of $75,000, and total fixed costs of $60,000. With improved weather, calculated the total dollar value of revenues that must be sold for Mexico Company to achieve an operating income equal to 10% of sales. Select one O a $500,000 O b. $300,000 Oc $400,000 Od $450,000 Oe. $350,000
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