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The following data are available for RCA Corp. Variable Cost Ratio: 60% Total fixed costs: $60,000 How much sales revenue must the company generate to
The following data are available for RCA Corp.
Variable Cost Ratio: 60%
Total fixed costs: $60,000
How much sales revenue must the company generate to earn a target profit of $100,000?
A. $400,000
B. $266,667
C. $26,667
D. $150,000
E. None of the above
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