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The contribution margin ratio is 20% for Grain Company and the break-even point in sales is $254,500. To obtain a target net operating income of
The contribution margin ratio is 20% for Grain Company and the break-even point in sales is $254,500. To obtain a target net operating income of $69,000, sales would have to be: (Do not round intermediate calculations.)
a. $287,300
b. $333,000
c. $323,500
d. $599,500
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