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Q6: To obtain the dollar sales volume necessary to attain a given target profit, which of the following formulas should be used? a. (Fixed expenses
Q6:
To obtain the dollar sales volume necessary to attain a given target profit, which of the following formulas should be used?
a.
(Fixed expenses + Target net profit)/Contribution margin ratio
b.
Fixed expenses/Contribution margin per unit
c.
Target net profit/Contribution margin ratio
d.
(Fixed expenses + Target net profit)/Total contribution margin
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