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Payton Corp. has sales of $212,000, a contribution margin ratio of 34%, and a target profit of $41,000. If 8,000 units were sold, what are

Payton Corp. has sales of $212,000, a contribution margin ratio of 34%, and a target profit of $41,000. If 8,000 units were sold, what are total variable costs?

Multiple Choice

  • $171,000

  • $139,920

  • $212,000

  • $253,000

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