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Stuart Company incurs annual fixed costs of $94,460. Variable costs for Stuarts product are $20.10 per unit, and the sales price is $30.00 per unit.
Stuart Company incurs annual fixed costs of $94,460. Variable costs for Stuarts product are $20.10 per unit, and the sales price is $30.00 per unit. Stuart desires to earn an annual profit of $58,000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit
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