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The contribution margin ratio is 25% for Crowne Company and the break-even point in sales is $220,000. If Crowne Company's target operating profit is $62,000,
The contribution margin ratio is 25% for Crowne Company and the break-even point in sales is $220,000. If Crowne Company's target operating profit is $62,000, sales would have to be:
Multiple Choice
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$282,000.
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$276,000.
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$468,000.
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$248,000.
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