Question
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
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$171,000
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$139,920
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$212,000
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$253,000
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Case Studies In Forensic Accounting And Fraud Auditing
Authors: Professor D. Larry Crumbley, Wilson LaGraize, Christopher E. Peters
2nd Edition
0808041932, 978-0808041931
