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Santiago Company incurs annual fixed costs of $66,000. Variable costs for Santiago's product are $34 per unit, and the sales price is $50 per unit.
Santiago Company incurs annual fixed costs of $66,000. Variable costs for Santiago's product are $34 per unit, and the sales price is $50 per unit. Santiago desires to earn an annual profit of $34,000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. (Do not round intermediate calculations.) Sales in dollars Sales volume in units
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