Question
TB MC Qu. 18-80 (Algo) Watson Company has monthly fixed costs... Watson Company has monthly fixed costs of $82,000 and a 40% contribution margin ratio.
TB MC Qu. 18-80 (Algo) Watson Company has monthly fixed costs...
Watson Company has monthly fixed costs of $82,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $14,900, what dollar amount of sales must be made to produce the target income?
Multiple Choice
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$242,250
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$96,900
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$205,000
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$37,250
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$167,750
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
