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Need help. The contribution margin ratio of Donath Corporation's only product is 64%. The company's monthly fixed expense is $455,200 and the company's monthly target
Need help.
The contribution margin ratio of Donath Corporation's only product is 64%. The company's monthly fixed expense is $455,200 and the company's monthly target profit is $41,200. |
Required: |
Determine the dollar sales to attain the company's target profit. (Round your answer to the nearest dollar amount.) |
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